ExpertPlan Names Julian Onorato as President
PRINCETON, NJ, July 12, 2006 -- ExpertPlan, the leading provider of private-label retirement solutions to the financial services industry, today announced that Julian Onorato will succeed Tim O'Brien as President. Mr. Onorato joined ExpertPlan in March 2006 as Chief Operating Officer.
Mr. Onorato has 25 years of experience within the financial services industry, including more than a decade in retirement plan services. Prior to joining ExpertPlan, he was Senior Vice President of Operations, Client and Technical Services at ADP Retirement Services. At ADP he led an organization with over 800 employees and oversaw the delivery of products and services across five nationwide service centers. Previously, he was Vice President of Operations at SunGard Data Services, where he managed a national network of recovery centers for the largest disaster recovery vendor in the industry.
"The Board selected Julian based on his superb track record in the retirement plan industry, as well as the significant impact he has had in the short time he has been at ExpertPlan," according to Dan Raynor of The Argentum Group, a member of the ExpertPlan Board and an investor in the Company. "We are impressed by his commitment to continue to build a quality organization that responds to the market-driven requirements of its clients and partners."
Tim O'Brien served as President and CEO of ExpertPlan for over four years during a period of rapid growth from its entrepreneurial roots to an industry-leading independent record keeper and application service provider. According to Mr. Onorato, "Tim's management of the firm from a little over 200 plans to a market leader with 5,000 plans is a tremendous accomplishment."
David Robkin of Liberty Venture Partners, a Board member and long-time investor, said, "We are very appreciative of Tim's role in building ExpertPlan during his tenure, and for the strong foundation that he has put in place." ExpertPlan expects Mr. O'Brien to continue to support the firm as a Senior Consultant and Industry Strategist.
About ExpertPlan
ExpertPlan Inc., headquartered outside of Princeton, New Jersey, provides the only entirely proprietary, private-labeled recordkeeping platform to asset management firms, TPAs, RIAs, broker dealers, insurance companies, CPAs and banks that serve 401(k) and other defined contribution plans. The firm's scalable recordkeeping solution can be customized to fully integrate with clients' business models. For more information about ExpertPlan call 866.929.2525 or visit www.expertplan.com.
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