Deschutes Investment Consulting Advisor Phil Sherman Wins National Award for Outstanding Plan Participant Service
Summary
The opportunity to assist participants not only in the present but also for years to come, providing the financial education and support they deeply require, was the perfect pivot I needed. We also have built-in guardrails, like our free Retirement Assistance Program and required fee disclosures, ensuring transparency and ethical conduct. To address income replacement, we work with HR to provide custom education presentations that illustrate what participants need to save for retirement. "Sherman: "The financial services industry often rewards advisers who serve the wealthiest clients, leaving many participants without adequate support. We address these by focusing on Social Security concerns, providing relevant and engaging educational content, and simplifying the process with user-friendly ‘How to’ guides.