Mariner Holdings has launched a new firm called Mariner Retirement Advisors to provide 401(k) advisory services to plan sponsors across the country.

Additionally, Mariner Holdings has teamed up with David Stofer and Mark Nothnagel to launch the new advisory firm.

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The new firm will comprise of Mariner’s existing 401(k) practice, which is headed by Tim Helsel in addition to including Stofer, Nothnagel and their team.

Prior to joining Mariner Retirement Advisors, the team worked previously with SageView Advisory Group.

This team and Mariner Wealth Advisors that include a total of nine members have together managed more than 150 client relationships and more than $3 billion in assets.

The team at the new firm will boost Mariner’s ability to provide retirement plan services to a wide range of clients.

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Furthermore, Mariner will support the team with additional resources, personnel and services.

Martin Bicknell, CEO of Mariner Holdings, said: "The launch of Mariner Retirement Advisors puts us in an ideal place to advise plan sponsors on a wide range of issues, including plan design, investment selection, asset allocation and fiduciary concerns. Through Mariner Retirement Advisors, we will focus on helping clients create and maintain leading retirement plans with an ultimate goal of increasing plan participants’ retirement readiness."