SFO Named a Top Retirement Plan (DC) Advisor

NEW ORLEANS–(BUSINESS WIRE)—The National Association of Plan Advisors has published its annual list of the country’s top retirement plan advisor teams (Top DC Advisor Teams), and Stokes Institutional (a division of Stokes Family Office) has been named to the list based on plan assets under advisement as of December 31, 2021.

This list focuses on firms or teams—in a single physical location—who work in the defined contribution space specifically.

“Since their inception, NAPA’s various industry lists have been a valuable Who’s Who of who matters in the world of retirement plans and retirement plan advisors,” noted Nevin Adams, Chief Content Officer of the American Retirement Association, and Editor-in-Chief of NAPA-Net, the nation’s leading online resource for retirement plan advisors.  “This latest chapter – the NAPA Top DC Advisor Teams with AUA over $100 Million, ranked by self-reported DC assets under advisement – presents a compelling case for the positive impact on the nation’s private retirement system.”

“We are excited to be named by NAPA as a Top DC Advisor Team.  We set out to partner with outstanding companies to create a best-in-class 401k plan offering for their loyal employees, and we are grateful to our plan sponsor clients who have made this recognition possible,” says Patrick McKay, who heads up the firm’s retirement plan offerings as Director of Institutional Services.

Doug Stokes, one of the Principals of Stokes Family Office, said,  “Our firm has long been focused on serving businesses on their retirement plans, and we see this space as a driver of our firm’s overall growth for years to come.   With that in mind, we have committed tremendous resources in terms of human capital and technology to ensure we are the best possible partner to our retirement plan clients.”

As of the end of 2021, Stokes Family Office had assets under management/advisement of $1.81 billion.

The list of NAPA’s Top DC Advisor Teams, which will be published in the Spring issue of NAPA Net, the Magazine, is available online here.

*Established in 2017, nominees had to be individual advisor team/offices with a defined contribution book of business.  To be considered, firms had to submit responses to an application form, including information about their practices, notably their defined contribution (DC) assets under advisement.  The list is created and conducted by the National Association of Plan Advisors, an affiliate organization of the American Retirement Association, a non-profit association.  No fee is charged to participate. 

About the National Association of Plan Advisors (NAPA)

The National Association of Plan Advisors was created by and for retirement plan advisors. Membership is also open to other retirement industry professionals who support the interests of plan advisors. NAPA is the only advocacy group exclusively focused on the issues that matter to retirement plan advisors. NAPA is part of the American Retirement Association. More information about NAPA is available here. The American Retirement Association, based in the Washington, D.C. area, is a non-profit professional organization established to educate all types of retirement plan professionals, and to preserve and enhance the employer-based retirement plan system as part of the development of a cohesive and coherent national retirement income policy. The American Retirement Association is comprised of five premier retirement industry associations; the American Society of Pension Professionals & Actuaries (ASPPA), the American Society of Enrolled Actuaries (ASEA), the National Association of Plan Advisors (NAPA), the National Tax-Deferred Savings Association (NTSA), and the Plan Sponsor Council of America (PSCA). More information about the American Retirement Association can be found here.