Newport Appoints Industry Leader to Head Retirement Services Division
ORLANDO, FL, October 1, 2009 -- The Newport Group, a leading national provider of retirement and executive benefit plans and investment consulting services, announced today that it has appointed Dennis Sain to the position of Senior Vice President, Qualified Retirement Services.
In this newly created role, Mr. Sain will oversee the firm's qualified retirement plan business, which includes a full array of defined contribution [401(k), 403(b), and 457] and defined benefit plans. His responsibilities will include oversight of client/distribution development, led by Chief Marketing Officer Tom Pittman; client services, led by Vice President, Client Services Debbie Pritchard, and operations, led by Vice President, Operations Mark Turaniczo.
"This is great news for Newport," said Bryant Kirk, Newport's Chief Operating Officer. "Dennis is an industry leader with a proven track record of success. We're confident his expertise will further accelerate the significant growth that we are experiencing, not just in qualified retirement services, but our entire fully integrated qualified and non-qualified product and service offering as well."
Mr. Sain has 29 years of experience in the employee benefits industry, ranging from President and CEO of Northern Trust Retirement Consulting to the Director of Sales for The Retirement Group at Merrill Lynch. Most recently, Mr. Sain has been the President of Sain Management Solutions, Inc., consulting with the employee benefits industry on business strategy, organizational design, acquisitions, sales, training, and relationship management.
"Newport has a great depth of in-house talent, strong strategic relationships with advisors, and a 25-year record of innovation," Sain said. "I'm delighted to be a part of an organization that is clearly a major player in the retirement services industry."
Mr. Sain earned his bachelor's degree in finance from Miami University in Oxford Ohio, and his MBA in finance from DePaul University. He holds Series 7, 24, and 66 securities licenses.
About The Newport Group
Founded in 1984, The Newport Group is a leading retirement services and asset management firm-specializing in the creative design, funding, and administration of qualified and non-qualified retirement plans, as well as co-fiduciary investment advisory services. Through its strategic alliances and joint ventures with other firms in the financial services arena, Newport is uniquely positioned to satisfy the distinct financial needs of employers and employees, and has done so for hundreds of the country's largest and best-known companies. For more information, visit www.newportgroup.com.
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