Eldridge Investment Advisors

 

Sean Riley Receives Retirement Planning Designation of Professional Plan Consultant

Manchester, NH — June 2009 — Sean P. Riley, an independent financial and retirement plan advisor with Eldridge Investment Advisors, Inc., of Manchester, NH, has received the designation of Professional Plan Consultant™(PPC) from Financial Service Standards LLC and Robert Morris University (Pittsburgh, PA). Riley is among the first retirement plan advisors in New England to receive the distinction.

“We are proud and excited that Sean Riley has received this distinguished designation,” said Stephen Eldridge, president of Stephen Eldridge & Company, Inc., the retirement plan administration arm of Eldridge Investment Advisors. “The designation requires extensive industry experience and a dedication to raising the service standards in the qualified plan industry. It is an indicator that a professional has the tools to provide plan sponsors the help they need to meet industry requirements,” said Eldridge.

Events over the past few years at many prominent companies have sparked an urgency to ensure retirement plan service professionals have the tools to help sponsors meet their fiduciary obligations and a means of documenting that prudent practices are being followed in the management of an employer-sponsored plan. Those professionals that walk the line of fiduciary are seeking accreditation and certification to demonstrate a high level of knowledge and the ability to provide sponsors with the tools necessary to manage their plan effectively.

The Professional Plan Consultant™ designation was recently developed by Financial Service Standards, LLC, to provide plan sponsors and the service professionals that work with them the tools to show prudence in the management of a qualified plan. Program graduates must sit for a 16-hour training class, which is accredited by Robert Morris University, pass a comprehensive final exam, sign off on the FSS Code of Ethics, and commit to ongoing training in retirement plan administration.

Upon graduation, PPC designees receive the licensing rights to use the 401k Service Solution set of tools with their clients. This news service process provides a means to identify shortfalls in an existing plan, educates plan sponsors on the critical issues and the regulatory bodies that govern qualified plans, and provides the service professional with a process to help sponsors document their decisions and shoe prudence in the management of their plan.

About Eldridge Investment Advisors
Eldridge Investment Advisors, Inc., located in Manchester, NH, is a leading independent investment advisory firm focused on retirement plan and investment consulting for individuals, families, corporations and trusts throughout New England and beyond. With the added capability to provide retirement plan administration through its affiliated company Stephen Eldridge & Company, Inc., the firm is especially well-suited to meet the needs of the principals and key executives of privately held businesses.

Securities offered through LPL Financial. Member FINRA/SIPC.