Plymouth Meeting, PA – April 8, 2019 – Centurion Group, LLC is pleased to announce another industry award. PLANADVISOR has named Centurion one of the Top 100 Retirement Plan Advisors for 2019. This is Centurion’s third industry award this year.
Marsh & McLennan Companies, Inc. ‘s MMC subsidiary Marsh & McLennan Agency LLC (“MMA”) has reached an agreement to buy Centurion, which is located at Plymouth Meeting, PA. However, terms of this deal – expected to close in the second quarter of 2019 – were not disclosed.
Centurion Group, an advisory firm overseeing $16 billion in retirement plan assets and 400,000 plan participants, is being acquired by Marsh & McClennan Agency, a subsidiary of the national insurance brokerage Marsh.
There was a famous ad that says: “When doctors feel rotten – this is what they do.” In other words, the best advice is the advice doctors give themselves – or their family. It stands to reason, then, that the best fiduciary advice is the fiduciary advice fiduciaries offer their own children. After all, aren’t […]
Plymouth Meeting, PA – January 16, 2019 – Centurion Group, LLC today announces another year of industry awards. Kevin J. BroderickAIF® and James G. Hageney, PRP, AIF®, both Managing Partners, and Gene R. Weber, AIF® have been recognized by the Financial Times (FT) as Top Retirement Advisors and the National Association of Plan Advisors (NAPA) […]
You’ve probably read dozens of stories on these topics. Or maybe just the headlines. Either way, you’ve seen these words and phrases ad nauseum over the past year or so. In fact, they’ve been repeated so often, it’s easy to understand how they may now be treated as solid axioms rather than merely loose conjecture. […]
A new world of fiduciary is upon us. This cannot be denied. What does this mean for 401k plan sponsors and the financial professionals that serve them? How should this new fiduciary atmosphere change their focus? In many ways, 401k plan sponsors might be surprised to discover the path has never been clearer In fact, […]
Large retirement-plan advisory shops are increasingly adopting their own in-house financial wellness programs as they look to capitalize on an emerging area of client demand, battle ongoing fee compression and try to stand out in a market that’s commoditized traditional service offerings.
At the source of every headline grabbing fiduciary breach trial is a fee mistake. Of course, not every fee mistake reaches the level of a class action lawsuit. Many are simply “bad decisions.” How can learning more about these everyday fee mistakes help 401k plan sponsors avoid them and the fiduciary liability they bring? Here are three of the most common plan sponsor fee mistakes and what to do to avoid them.