Do you know an advisor or advisor team who has demonstrated leadership and innovation in workforce management? Here’s your opportunity to recognize them.
We’re looking to recognize individuals and teams who have gone beyond the installation of automatic enrollment and qualified default investment alternatives, who have demonstrated leadership both in their innovative recommendations, and their prescience in helping their clients incorporate forward-thinking designs that work to the benefit of those participants, the employers they work for, and the nation’s retirement system in general.
Helping workers prepare for retirement — and helping employers design and maintain plans that support that process — have long been integral to the retirement plan advisor role. Today retirement readiness at the individual and overall retirement plan level increasingly dominate the focus of leading retirement plan advisors. That said, the challenge that looms largest for a growing number of employers is workforce management, a process that goes beyond the traditional focus on benefit programs as a way of attracting and retaining talent, to the critical planning issue of helping assure an orderly flow of workers into a financially sustainable retirement. That’s what workforce management is all about.
NAPA’s 401(k) Advisor Leadership Award was created to recognize a leading financial advisor or team for contributions that exemplify leadership, experience and expertise in the retirement plan industry. The award reflects the multi-faceted efforts of advisors to serve their clients (plan sponsors and participants), act as a mentor, maintain high ethical standards, and consistently improve their practices and services in the retirement industry.
You need only provide some basic contact information and a brief description (250 words or less) of how the nominee has made an impact or been an innovator in the industry and/or to their clients in the realm of workforce management. The impact or innovation can be a career achievement or even something unique and specific to just one client. The intent is to recognize and promote excellence in our industry — regardless of experience or volume.
Nominations will remain open until Nov. 13, at which time a task force will review all submissions and choose 10 semifinalists, who will be notified and asked to provide additional information about themselves and their practices, along with more details about the impact or innovation described in the initial submission. Three finalists will then be chosen to go through an interview process with the Judging Committee, culminating in the announcement of the award winner live at the 2016 NAPA 401(k) Summit.
That said, it all starts now. You can do so by providing contact information, and a brief description of their accomplishment(s) at https://www.research.net/r/2016NAPAleadership.