The Prizant Group was founded in 2012 for the purpose of providing small ERISA Plan Sector (1-1,000) employees with independent, unbiased, consulting expertise that is compensated through a "Flat Fixed Fee."
Advise to the "Micro" Retirement Plans (<$25M) was/is dominated by insurance local TPAs, Investment Brokers who are paid a commission or asset management fee (AMC). We see this as an inherent "Conflict of Interest" as the advisor sole focus is to create as much personal income as possible with little regard to the success of the plan and its participants. Meanwhile, the true consulting practices continue to ignore this niche market in favor of larger asset/employee count retirement plans.
Our approach is to guide our plan sponsors through a thorough analysis of their plans. The main questions we need answers for are:
Sanford Prizant (President-The Prizant Group, Ltd) has been involved in the financial services industry for over 34 years. For the past 22 years, his concentration has been solely on the ERISA retirement plan marketplace for small companies, professional practices, and not-for-profit entities.
Sanford is a proud graduate of Northwestern University (Go Cats) with a B.A. in History. He also earned a M.A.T. from National Louis University. He served 6 years in the Illinois Air National Guard and was Honorably Discharged with the rank of Staff Sergeant. His home/office is in Deerfield, IL where he resides with his wife Juli (V.P. Talent Acquisition-Kemper Insurance) and their two Labradors (Blanche/Otis). Juli and Sanford's sons currently live/work in Denver, CO/Los Angeles, CA/Missoula, MT. Sanford loves reading the New Yorker/non-fiction/mysteries/well written fiction, clearing his busy mind through meditation, continually studying his Spanish, and running the Prizant Household.
"No man ever steps in the same river twice, for it's not the same river and he's not the same man."- Heraclitus
The Prizant Group was formed to provide our clients with a true, independent advocate for their company retirement plan. We believe that goal is accomplished every day.
Sanford J. Prizant