Penelope Expands Advisory Team with Retirement Industry Veterans [Yahoo! Finance]
Bank of America Corporation (BAC)
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Source: Yahoo! Finance
for small and mid-sized businesses, today announced the addition of three senior advisors to its team: Marcia Wagner Kevin Crain and Lisa Kottler . These seasoned leaders bring decades of experience across retirement policy and regulations, technology, financial services, and plan design as Penelope accelerates growth to meet rising market demand. "There are 34 million businesses in the U.S., yet only around 700,000 offer a 401(k)—leaving the vast majority of employees underserved," said Jean Smart , CEO and founder of Penelope. "As states roll out new retirement mandates, SMBs are looking for trusted partners to navigate the changes. The addition of Marcia, Kevin and Lisa to our team could not come at a better time. Their deep expertise will help us continue to expand our retirement platform, powered by a modern tech stack that takes advantage of AI. Together, we're delivering innovative, compliant, and easy-to-use solutions that empower businesses and their employees to build a be
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