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Fiduciary Consulting Group @ PSA Wins Leadership Award

The advisory team at Fiduciary Consulting Group @ PSA in Hunt Valley, Md., has won the 2013 401(k) Advisor Leadership Award, ASPPA announced yesterday. Jania Stout, Retirement Plans Practice Leader at PSA, received the award on behalf of the team during a session of the 12th annual NAPA/ASPPA 401(k) Summit in Las Vegas.

The 401(k) Advisor Leadership Award recognizes a leading financial advisor or team for contributions that exemplify leadership, experience, and expertise in the retirement plan industry. Sponsored by NAPA and ASPPA — leaders in retirement education and advocacy — 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.

“Stout and her team at Fiduciary Consulting Group are committed to making a difference in the lives of plan sponsors and their participants,” said Brian Graff, executive director/CEO of ASPPA. “They channel this attitude in their service model centered on fiduciary duty, emphasis on participant education, and their openness to innovation in plan design and results. As a result, Stout and her team have enhanced the ability of American workers to achieve a secure retirement.”

The Fiduciary Consulting Group @ PSA team — Stout, Chad Wilson and Peter Godfrey — as well as award finalists Chad Larsen, President, and the team at Moreton Retirement Partners in Denver, Colo.; and Michael Kane, Founder & Managing Director, and the team at Plan Sponsor Consultants in Alpharetta, Ga. — were selected from more than 65 nominations submitted by peers and colleagues in the retirement plan industry.

“Our business is constantly evolving, and Stout and her team understand that with change comes opportunities to educate, inform and innovate,” said Marcy L. Supovitz, NAPA President and Principal of Boulay Donnelly & Supovitz Consulting Group, Inc. “When they reached their first $1 billion in assets they took it to the next level and hired a Financial Wellness coach to see how they could improve their outreach to plan sponsors and participants. This is just one way they share their passion for helping workers prepare for a dignified retirement.”

Recommended reading: NAPA Net’s exclusive interviews with Stout and her fellow award finalists, Chad Larsen and Michael Kane. And look for a follow-up Q&A with Stout about her firm’s successful business model.

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