Three 401(k) industry veterans with 96 years of combined financial services experience have joined together to help retirement plan consulting firms capitalize on industry consolidation.
And at a time when RIA merger and acquisition activity is at record levels, Wise Rhino Group — none other than long-time industry pros Dick Darian, Bob Francis and Adam Sokolic — are hanging out their shingle as they position themselves as the “advisor’s advisor” to help a firm’s management decide if they should merge, buy or sell.
Prior to forming Wise Rhino Group, Darian was head of Advisor-Sold DC Strategy and Distribution at BlackRock where he managed the firm’s advisor-sold DC business and built the aggregator business.
Francis had his own consulting firm, Gale Force Consulting, before joining Wise Rhino Group and was also with BlackRock where he was managing director of BlackRock Retirement. Francis was also the president of the retirement business for Aetna/ING for many years. Sokolic joined Wise Rhino Group after leaving American Century Investments where he was senior VP head of Retirement & Client Marketing. Prior to that, he was senior vice president of Retirement at LPL Financial.
You can find out more about Wise Rhino Group — and their four-step evaluation process at https://wiserhinogroup.com/.
