#United States #New York #Penelope #Marcia Wagner #Kevin Crain

Penelope Welcomes Experienced Advisors

In a strategic move aimed at meeting the rapidly growing needs of small and mid-sized businesses (SMBs) for retirement services, Penelope has announced the addition of three highly respected advisors from the retirement industry. This expansion of its advisory team consists of Marcia Wagner, Kevin Crain, and Lisa Kottler, all of whom bring decades of invaluable experience in various aspects of retirement policy, financial services, and technological innovation.

As stated by Jean Smart, CEO and founder of Penelope, the U.S. is home to about 34 million businesses, yet only around 700,000 of these offer a 401(k) plan. This leaves millions of employees without adequate retirement solutions. With the implementation of new retirement mandates at the state level, many SMBs are seeking reliable partners to help navigate these changes effectively.

Marcia Wagner is one of the new senior advisors, known for her esteemed status as the founder of The Wagner Law Group, which specializes in ERISA, employee benefits, and executive compensation. Her over 38 years of experience have made her a leading authority on retirement plans, compliance, and fiduciary matters. She serves on the Board of Directors for the American Benefits Council and has been published extensively in various outlets.

Kevin Crain is another key addition to the advisory team, recognized nationally for his expertise in retirement services and holistic financial wellness. Having led retirement research at Bank of America for over 40 years, he has conducted influential studies emphasizing the needs of underserved populations. Crain is also the Executive Director of the Institutional Retirement Income Council and serves in advisory capacities for several well-known organizations, shaping the future of retirement through innovative research and public policy advocacy.

The third advisor, Lisa Kottler, brings significant experience in fintech and startup dynamics. With a track record of developing notable retirement divisions at companies like NFP, she has been pivotal in enhancing retirement access through digital innovations. Kottler has received accolades for her influence in the defined contribution industry and continues to drive advancements at the intersection of behavioral finance and technology for retirement solutions.

The integration of these seasoned professionals into Penelope's advisory team comes at a crucial time as the company continues to develop its platform. Leveraging advanced technologies such as AI, Penelope aims to provide innovative, compliant, and user-friendly retirement solutions that empower both businesses and their employees to secure a solid financial future.

For further details about Penelope's offerings tailored for small business retirement solutions, visit Penelope's Website.