PlanMember Ranks in Top 10 in PlanSponsor’s 2017 403b/457b Buyer’s Guide

By a News Reporter-Staff News Editor at Investment Weekly News -- PlanSponsor Magazine's 2017 403(b) Buyer's Guide ranks PlanMember Services Corporation, the California-based provider of 403(b), 457(b), and 401(k) plans, second among national 403(b) providers in the number of new 403(b) plans added in 2016 and seventh in the total number of plans in the K-12 market. Its number two place ranking was behind USI Consulting Group. Following behind PlanMember were AXA, Principal Financial Group, and Mutual of America rounding out the top five. The Buyer's Guide was published October 23, 2017 for data collected for growth of 403(b) plans in the 2016 calendar year and for data collected through June 30, 2017 on total number of 403(b) K-12 plans.

With the addition of PlanMember's national marketing alliance with AXA, allowing PlanMember to offer its 403(b) & 457(b) savings program platform through selected AXA K-12 pay slots, the two companies' combined footprint ranks as number two behind Voya and ahead of VALIC and TIAA.

PlanMember attributes its growth in the employer group marketplace to its Financial Center business model, which co-brands PlanMember's national identity with established independent regional Financial Centers and their advisors across the country. It also credits its innovative 403(b) & 457(b) savings program with all investments available by law packaged for governmental plans. With $10 billion in assets, PlanMember has established 32 successful Financial Centers in 19 states, with a goal of expanding to 80 nationally.

"We are proud to have PlanMember Services recognized in Plan Sponsor's 403(b)/457(b) Buyers Guide in the top 10 rankings for both new 403(b) plan growth and total K-12 plans," said Jon Ziehl, CEO and founder. "This recognition puts us in a very formidable class of large investment providers and makes us the only non-insurance and mutual fund company on the list. Our rapid growth provides PlanMember's advisors with access to new markets to help them achieve their business goals and objectives."

PlanMember is a nationally recognized broker/dealer, investment advisor, and member of FINRA/SIPC. An industry-leading broker/dealer for retirement planning in the public education and non-profit sectors for over three decades, PlanMember delivers personalized retirement planning services and a broad selection of investment and annuity solutions. The company is headquartered in Carpinteria, California. View source version on businesswire.com: http://www.businesswire.com/news/home/20171026005965/en/

Keywords for this news article include: Finance and Investment, Investment and Finance, PlanMember Services Corporation.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC