Prime Capital Financial is strengthening its retirement consulting division by placing of a multi-decade veteran and champion for financial literacy at the helm.
The Overland Park, Kansas-based firm has revealed Jania Stout as the national retirement practice leader for Prime Capital Retirement, and its financial wellness subsidiary, Prime Capital Wellness.
Stout brings nearly three decades of experience in both provider and advisory roles, most recently serving as senior vice president of retirement and wealth at OneDigital. Before that, she built up the foundation for her career in the retirement plan industry at ADP and Fielity
Formerly known as Prime Capital Investment Advisors, Prime Capital Financial runs a full-service financial planning operation through several divisions, including fee-based asset management and wealth planning through Prime Capital Wealth. The firm oversees more than $24 billion in regulatory AUM, according to its most recent Form ADV.
As national retirement practice leader, Stout will oversee Prime Capital Retirement’s strategic direction, focusing on strengthening participant education and financial wellness initiatives nationwide.
Glenn Spencer, chief executive officer, highlighted Stout’s career-long commitment to supporting Americans' financial security.
“At her core, Jania wants working Americans to be confident in their futures,” he said in a statement. “That spark has energized her work in the retirement space throughout her career, and we can’t wait to see what she accomplishes as a practice leader with a platform and a clear message.”
Beyond receiving numerous industry accolades, Stout has actively contributed to regulatory discussions, testifying before Congress and working with the Department of Labor on a number of consequential fiduciary regulations.
“Prime Capital Financial understands what is at stake for retirees and has built out an incredible team in its retirement practice,” said Stout. “We have the skills and support we need to guide plan participants toward the lives they want to live, and share our initiatives and solutions on a national stage.”
Scott Colangelo, chairman and managing partner of Prime Capital Financial, expressed confidence in Stout’s leadership.
“Twenty years ago, I founded the retirement practice to bridge the gaps in education and resources for retirement savers," he said. "Jania is precisely the kind of visionary leader we need to carry that mission forward.”
Earlier in July, Prime Capital Financial promoted Annette VanderLinde to lead Liberty Wealth Advisors, its remote advisory business that provides holistic financial planning services through a fleet of CFP-accredited advisors.
Five low-cost index ETFs to anchor Trump Accounts as advisors weigh options against 529 and UTMA plans for clients
A bipartisan proposal aimed at aligning advisor compensation rules with modern business structures is headed to the full House.
Vanilla is extending its estate planning tech to Callan Family Office's ultra-high-net-worth business, while WealthFeed's organic growth engine will now be available to roughly 100 advisors at The Mather Group.
“We are helping families take an important first step toward building a financial foundation for the next generation,” said Franklin Templeton CEO Jenny Johnson
Richard Brothers Financial Advisors joins the fee-only RIA, adding its first Maine office and $240 million in client assets
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.