For immediate release
Contact:Wealth Strategy Group300 South Front Street Suite C Marquette, MI 49855 906-228-3696
Rich Tegge, President of Wealth Strategy Group, earns the “Professional Plan Consultant” (PPC) Credential
Marquette, Michigan August 1, 2014 – Wealth Strategy Group is pleased to announce that Rich Tegge has been recognized by Financial Service Standards, a division of fi360, Inc. Pittsburgh, PA, for achievement in the area of retirement plan consulting. He has achieved the specialized designation, Professional Plan Consultant (PPC).
Recent regulatory changes to the qualified retirement plan industry has sparked an urgency to ensure retirement plan service professionals have specialized training and resources 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 help retirement plan fiduciaries 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 developed by Financial Service Standards, to help professionals that work with employer sponsored retirement plans to specialize in this increasingly regulated niche of the financial industry. Program graduates must sit for either a two-day training class or complete the equivalent web-based training program, pass a comprehensive final exam, sign off on the FSS Code of Ethics, and commit to ongoing training in retirement plan management.
Rich Tegge is President of Wealth Strategy Group. He has been an Independent Advisor Representative with the Commonwealth Financial Network for 5 years and has been working within the retirement plan industry for more than15 years.
“We congratulate Rich on receiving this distinguished designation”, said Paul Mahan, V.P. Retirement Consulting Services at Commonwealth Financial Network, “It is great to see affiliate firms like Wealth Strategy Group commit to delivering a high standard of service and advise to the 401K/Retirement Plan marketplace. This designation represents the commitment Rich and his team have made to obtain the knowledge and resources necessary to assist plan sponsors in meeting the complex industry requirements.”
“We are proud to count Rich Tegge among those who have recently earned the PPC credential,” said Sharon Pivirotto, Founder & Managing Director of Financial Service Standards of Pittsburgh. “Rich is now equipped to help customers plan, build and maintain a successful and compliant company-sponsored retirement plan. This kind of commitment and service approach ultimately means better retirements for many employees.”
The 40lk Service Training Program, sponsored by Financial Service Standards, has been accepted for 12.5 continuing education credits by the Certified Financial Planner Board of Standards Inc. The PPC designation is listed on the FINRA website.