STANDARD PRESS RELEASE
MEDIA CONTACT:
Sarah Cunningham
443-564-4600
Sarah.cunningham@greenspringadvisors.com
RELEASE DATE:
April 1, 2022
FOR IMMEDIATE RELEASE
Greenspring Advisors Named to List of Nation’s Top DC Advisor Team | Ranked Top 3 by Assets in Maryland Second Year in a Row
Towson, MD April 1, 2022 – Greenspring Advisors, an independent, fee-only Registered Investment Advisor (RIA) that serves individuals and businesses from its offices in Maryland and New Jersey, is pleased to announce they have been named one of the nation’s top defined contribution (DC) Advisor Teams by the National Association of Plan Advisors (NAPA).
The inaugural list was published in 2017 and unlike other lists, this focuses on individual firms, or what may, in a wirehouse environment, be referred to as a team, or office, and the assets under advisement related to their defined contribution (DC) practice, specifically in a single physical location.
Greenspring’s Corporate Retirement advisor team ranks in the top 3 by assets in Maryland. See the full list here: NAPA Top DC Advisor Teams 2021.
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. Ironically, in a year when consolidation took some individual teams from this list, new ones more than filled that gap. Significantly, those teams include nearly 2,000 advisors – and many more support personnel – working to help Americans prepare for a financially satisfying retirement from 38 states and Washington, D.C.
“The NAPA Top DC Advisor Teams, ranked by self-reported DC assets under advisement – presents a compelling case for the positive impact on the nation’s private retirement system”, noted Nevin Adams, Chief Content Officer of the American Retirement Association, and Editor-in-Chief of NAPA-Net, the nation’s leading online resource for retirement plan advisors.
“We were thrilled to once again see Greenspring listed in NAPA’s Top DC Advisor Team list”, said Matt Cellini, Partner and Co-Lead of Greenspring’s Corporate Retirement practice. “Our team works tirelessly on behalf of our clients, so we are pleased they’ve been recognized and highlighted for their contributions and their commitment.”
To learn more about Greenspring Advisors, please visit www.greenspringadvisors.com.
About the National Association of Plan Advisors
The National Association of Plan Advisors was created by and for retirement plan advisors. Membership is also open to other retirement industry professionals who support the interests of plan advisors. NAPA is the only advocacy group exclusively focused on the issues that matter to retirement plan advisors. NAPA is part of the American Retirement Association, based in the Washington, D.C. area. More information about NAPA is available at napa-net.org.
About Greenspring Advisors
Greenspring Advisors, established in 2004, is one of the top five largest registered investment advisory firms in Maryland and was built on the fiduciary principle that the client comes first. Greenspring is an independent, fee-only firm that specializes in providing investment advisory services to retirement plan fiduciaries, foundations, and endowments and comprehensive wealth management services and financial planning to private investors. The firm has offices in Towson, MD, and in Paramus, NJ.
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