What I do really well:
I like to make complex issues about retirement plans simple. Whether I am working with the retirement plan committee to select their Target Date Fund or their employer 401(k) match my goal to help the committee make the right decision for their company and participants. Often consultants focus solely on the investments, I also ensure plan sponsors make sure they are also addressing their other obligations with compliance, legislative updates, administration, and employee retirement readiness.
Why I get up in the morning:
My alarms go off; which are my two children. They are probably the only 11 and 9 year olds that know what a 401(k) is and why it is important. My dad grew up in HR and used to tell new hires not to eat lunch but to put the money in the 401(k). I am trying to spread that same message to every participant in all the retirement plans I touch. Most people agree that they need to save for retirement, but few have someone like me giving them the guidance (or push) to save enough to have the retirement they envision.
How I got here:
I graduated with my degree from the University of Utah (Go Utes!) with a degree in Finance. I hadn’t really thought about what I would do next. I had two job offers at the same time; one was in commercial real estate and the other with a national provider of retirement plans. It was almost a coin toss on which job to take. My deciding factor was I decided everyone needs to retire one day. I spent over 13 years learning everything I could about plan design, compliance, investments and regulations. One day I woke up and I knew it was time to go out on my own to be an independent consultant on retirement plans. The knowledge I gained from taking this step was invaluable. I am now better prepared to help retirement plan sponsors and participants navigate through the complex decisions they are faced with each day in their retirement plan.
What’s hot right now:
For the past 5 years I have been warning committees about new fiduciary regulations, market conditions and potential audits or participant law suits. I really try to focus on surviving audits and participant law suits. My goal is to have all of our plan sponsors meeting their fiduciary obligations so that if the day comes that they are audited or their participants file a complaint, they are ready for whatever is thrown at them.
Who am I really:
My family spends their summers camping all over Utah and their winters skiing. We are like most families with young kids. We are on the go from sun up to sun down. We figure we have plenty of time to rest later.