Industry veteran Matthew Wolniewicz has left Fi360 for Kansas City-based Prime Capital Investment Advisors (PCIA).
Wolniewicz, also a former Morningstar executive, will take on a board advisory role for two of Prime Capital’s business units, Qualified Plan Advisors (QPA) and Financial Fitness for Life (FF4L).
Wolniewicz, who helped steer Fi360 through its 2019 acquisition by Broadridge, joins a fast-growing PCIA, as the firm “looks to cement its standing as the premier platform for retirement plan-focused advisors and the plan sponsors the organization services.”
QPA provides retirement consulting and advisory services to over 500 retirement plans nationally, serving hundreds of thousands of plan participants.
“Retirement plans and their participants face an ever-growing complexity of issues from the basics of saving for retirement to regulatory issues like the SECURE Act and CARES Act,” Scott Colangelo, chairman of PCIA, said in a statement. “Given the myriad of concerns our businesses are confronting, engaging a talent like Matt to help us in our strategic thinking is a logical move.”
A financial wellness role
Additionally, Wolniewicz’s role will involve PCIA’s FF4L, a unit “looking to build upon its standing as a nationally recognized financial wellness, retirement plan education and data analytics provider to hundreds of retirement plans around the U.S.”
“My mission and commitment to advisors and investors wholly align with PCIA’s,” Wolniewicz said. “Embedded in their leadership, and coursing through the entire company, is their belief in doing the right thing for financial professionals and their clients. I look forward to continuing to serve the retirement planning community and advising PCIA on solutions that will ultimately empower QPA and FF4L’s end users.”
“PCIA is thrilled to have an executive of Matt’s stature guiding us on the future of our retirement businesses,” Glenn Spencer, CEO of PCIA, concluded. We are dedicated to being a thought leader in the retirement space, and Matt will support us in thinking strategically about our businesses.”
With more than 20 years serving financial markets, John Sullivan is the former editor-in-chief of Investment Advisor magazine and retirement editor of ThinkAdvisor.com. Sullivan is also the former editor of Boomer Market Advisor and Bank Advisor magazines, and has a background in the insurance and investment industries in addition to his journalism roots.
