October 22, 2020 – Marsh & McLennan Agency is pleased to announce that multiple advisers have been named to the 2020 edition of the Financial Times 401 Top Retirement Advisers. The list recognizes the top financial advisers who specialize in serving defined contribution (DC) retirement plans across the U.S. Our recipients include;
Andrew Bayliss, Senior Vice President – New England Region
James Hageney, Practice Leader – Trion Region
Rich Cordova, Senior Vice President – Assurance
Mitch Milless, Senior Vice President – Upper Midwest Region
Renn Williams, Vice President - Southeast Region
Craig Reid, National Practice Leader, says, "Advisers had to quickly shift their approaches this year, both in how they attract new clients and service existing clients. The Financial Times list is reserved for specialists, the DC professionals that really make an impact for their clients, and we are proud to have these individual award recipients on our team. They are one of the reasons we are a top national team.”
This is the sixth annual FT 401 list, produced independently by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times. Ignites Research provides business intelligence on investment management.
Financial advisers from across the U.S. applied for consideration, having met a set minimum of requirements. The applicants were then graded on six criteria: DC assets under advisement (AUA); DC AUA growth rate; specialization in DC plans; years of experience; advanced industry credentials; and compliance record. There are no fees or other considerations required of advisers who apply for the FT 401.
The final FT 401 represents an impressive cohort of elite advisers. The median DC plan assets administered by this year’s group is $800 million. These are true specialists as DC plans on average account for 86% of total client assets. The FT 401 advisers represent 41 states and Washington, D.C.
The FT 401 is one in a series of rankings of top advisers developed by the FT in partnership with Ignites Research, including the FT 300 (independent RIA firms) and the FT 400 (broker-dealer advisers).