On Monday, October 17, Ranney was featured on Charleston’s FOX 24 “Money Monday” segment, where he was interviewed about the legal risks that small business owners and 401(k) plan sponsors should be aware of.
David Ranney Recently Featured on Charleston’s FOX 24
CHARLESTON, S.C. Oct. 24, 2022—David Ranney, a resident of Charleston since 2010, has recently joined Rebalance, a leading retirement planning and wealth management firm, as Vice President of Sales for its premier small business 401(k) offering, BetterK. Ranney will be expanding 401(k) offerings throughout Charleston, greater South Carolina, and North Carolina, as Rebalance accelerates its efforts to help transform the small business retirement savings ecosystem throughout the Southeast.
BetterK is Rebalance’s proprietary, innovative 401(k) offering specializing in small businesses with assets ranging from $1 million to $10 million. The BetterK platform stands apart from other 401(k) solutions by reducing fees by up to 50% or more, by offering “Ivy League” endowment-style investment management, and by providing top-notch day-to-day service.
On Monday, October 17, Ranney was featured on Charleston’s FOX 24 “Money Monday” segment, where he was interviewed about the legal risks that small business owners and 401(k) plan sponsors should be aware of.
As Vice President of Sales at Rebalance, Ranney partners with small businesses throughout the Carolinas. He will educate small businesses about how to avoid high 401(k) fees, how to optimize asset allocation, how to increase plan participation, and how to utilize retirement planning. The net result is higher employee satisfaction and greater employee retention.
On November 1, Ranney will be a featured speaker at the North Charleston Chamber of Commerce Lunch and Learn, discussing how to successfully implement 401(k) plans within small businesses, despite various issues and risks that can arise.
“I am looking forward to partnering with small businesses on my home turf, to help business owners find the best solutions to help both them and their employees successfully plan for retirement,” Ranney said. “Rebalance offers small businesses access to large endowment-caliber investment expertise combined with unparalleled customer service for plan sponsors and their employees, and I’m excited to share this access with my Carolina neighbors.”
Ranney graduated from the College of the Holy Cross with a Bachelor of Arts in Economics, and he earned his Master of Business Administration with concentrations in Finance and Marketing from the Carroll School of Management at Boston College. He currently resides in Charleston, South Carolina.
For more information, please visit: https://www.rebalance360.com/team-member/david-ranney/
Rebalance is an award-winning investment firm that provides its clients with access to a fundamentally different and better set of investment options. For individual consumers, Rebalance360 combines world-class investing, financial planning, and personalized advice into a powerful and transformative approach to wealth management. Small business clients trust the firm’s BetterK offering to help them reduce their 401(k) fees by up to 50%, improve employee participation, and “bring alive” employer-based retirement savings plans.
The firm’s innovative solutions and team leadership have been profiled in such top-tier media outlets as The Wall Street Journal, CNBC, FOX Business, NPR, The New York Times, MSNBC, PBS and CBS among others. In 2015, the U.S Senate invited Managing Director Scott Puritz to testify regarding new fiduciary rules designed to make the investments of Americans safer, and he is the only financial advisor in the U.S. ever to testify on such an important issue. In 2018, Rebalance was honored by Schwab’s Pacesetter IMPACT Award™ for Innovation and Growth.
The Rebalance Investment Committee is anchored by four of the most respected experts in the finance world: Professor Emeritus Burton Malkiel, the world-renowned Senior Economist at Princeton University and author of A Random Walk Down Wall Street; Dr. Charley Ellis, the former longtime chairman of the Yale University Endowment; Jay Vivian, the former Managing Director of IBM’s $100+ billion in retirement investment funds for more than 300,000 employees worldwide; and Kristi Craig, CFA, the first-ever Chief Investment Officer of the National Geographic Society, where she oversees a $1.4 billion endowment.
Rebalance is headquartered in Bethesda, Md. and Palo Alto, Calif., currently serves more than 600 clients and manages more than $1 billion of their financial assets.
