10 largest RIA aggregators focused on defined-contribution plans

We break down the data by firm, assets and advisers

May 18, 2019 @ 6:00 am

By Greg Iacurci

Firm Total D-C assets 
overseen by network advisers ($B) Number 
of D-C 
advisers* Primary 
contact Business 
model
Captrust** $256 102 Rick Shoff
Managing director
Raleigh, N.C.
(215) 499-3361
rick.shoff@captrust.com
Acquisition
RIA: Captrust Financial Advisors
Broker-dealer: CapFinancial Securities
NFP $161 120 Nick Della Vedova
President, NFP Retirement
Aliso Viejo, Calif.
949-460-9898 Ext. 246
nick.dellavedova@nfp.com
Acquisition
RIA: NFP Retirement Inc.
Broker-dealer: Kestra Investment Services

NFP also has a membership model through Retirement Plan Advisory Group, which provides technology, resources, training, custom investments and turnkey fiduciary services for D-C advisers. RPAG has $400 billion in D-C assets and 3,000 advisers. It is RIA- and broker-dealer-agnostic.
SageView Advisory Group $101*** 51*** Randy Long
Managing principal
Irvine, Calif.
(949) 955-5787
rlong@sageviewadvisory.com
Acquisition
RIA: SageView Advisory Group
BBroker-dealer: Cetera Advisor Networks
GRP Financial $72 286 Geoff White
CEO, GRP Financial
Carlsbad, Calif.
(949)-359-0031
geoff.white@grpfinancial.com

Jim Owen
Managing partner, GRP Advisor Alliance
Carlsbad, Calif.
(949) 359-0035
jimmy.owen@grpaa.com
Affiliation
RIA: Global Retirement Partners
Broker-dealer: LPL Financial

GRP Financial also has a membership model through GRP Advisor Alliance, an invitation-only service providing tools, resources, conferences and best-practice consulting for D-C advisers. GRP Advisor Alliance has $235 billion in D-C assets and 530 advisers. It is RIA- and broker-dealer-agnostic.
Arthur J. Gallagher & Co. $62 63 Dean Clune
National practice leader, retirement plan consulting
Rolling Meadows, Ill.
(312) 803-6376
dean_clune@ajg.com

Michael Johnson
National practice leader, investment and fiduciary consulting
Washington, D.C.
(202) 898-2270
michael_w_johnson@ajg.com
Acquisition Gallagher has two retirement plan groups:

1) Gallagher Benefit Services Inc., which has $42 billion and 42 advisers
RIA: Kestra Advisory Services
Broker-dealer: Kestra Investment Services

2) Gallagher Fiduciary Advisors, which has $20 billion and 21 advisers
RIA: Gallagher Fiduciary Advisors
Lockton Retirement Services $60 31 Pam Popp
President
Kansas City, Mo.
(816) 960-9603
ppopp@lockton.com
Acquisition
RIA: Lockton Investment Advisors
Broker-dealer: Lockton Financial Advisors
Pensionmark Financial Group** $41*** 119 Troy Hammond
President and CEO
Santa Barbara, Calif.
(805) 456-6262
troy.hammond@pensionmark.com
Affiliation is the firm's primary model.
Pensionmark also provides an acquisition strategy for affiliated advisers.

RIA: Pensionmark Financial Group
Broker-dealer: Pensionmark Securities
Resources Investment Advisors $34 120 Vincent Morris
President
Overland Park, Kan.
(913) 647-3968
vmorris@riaadvisor.com
Affiliation
RIA: Resources Investment Advisors Inc.
Broker-dealer: Triad Advisors Inc.
Marsh & McLennan Agency $32 42 Christopher Grady
SVP, corporate development
White Plains, N.Y.
(914) 397-1630
christopher.grady@marshmma.com
Acquisition
RIA: MMA Securities
Broker-dealer: MMA Securities
Hub Retirement Services $23 40 David Reich
President
San Diego, Calif.
(858) 373-6939
david.reich@hubinternational.com
Acquisition
RIA- and broker-dealer-agnostic. Hub also has its own RIA, Hub International Investment Advisory Services.
Notes: Figures provided by companies; data as of March 31, 2019, unless otherwise noted. *Figures represent the number of producing advisers. **Captrust is part owner of Pensionmark. ***Data as of year-end 2018.

0
Comments

What do you think?

View comments

Recommended next

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print