ROGERS, Ark. – Arvest Wealth Management’s retirement plan consulting group was recently named to the National Association of Plan Advisors’ list of the nation’s top defined-contribution advisor teams with assets under advisement of more than $100 million, the bank said in a news release.
The Arvest Wealth Management group delivers full-service consulting on all types of employer-sponsored retirement plans.
The list focuses on individual firms or broker-dealer teams and the assets under advisement related to their defined contribution practice, specifically in a single physical location, according to the news release. The Arvest group is the only Arkansas firm listed and one of only six within the Arvest footprint.
“Our retirement plan consulting group has more than 215 years of combined experience and is dedicated to providing customized solutions for a company’s unique needs,” Arvest Wealth Management President and CEO Jim King said in the news release. “The team takes an unbiased, consultative approach in assessing each organization’s retirement program. This recognition is both humbling and a genuine tribute to the work our group does every day.”
This year’s list features a record number of teams, which oversee nearly $2 trillion in defined-contribution plan assets belonging to more than 56,000 plans covering nearly 28 million participants, according to the news release. The Arvest group consists of 10 associates and serves about 225 plans – which have more than 14,000 participants – with about $730 million in assets.