Pontera Adds 3 Execs With 401(k) Industry Experience

Pontera, a financial technology firm that enables financial advisers to manage clients’ defined contribution savings accounts, has brought on three retirement industry veterans, it announced Monday in Nashville at the National Association of Plan Advisors 401(k) Summit.

The hires are:

• 

  Todd Stablewski, Jerry Bonnabeau and Kevin Amoruso

  Jerry Bonnabeau, head of DC partnerships, from a role as Chief Growth Officer at Atlas Point and prior leadership positions at Edelman Financial Engines and Putnam Investments;
• Todd Stablweski, director, DC partnerships, reporting to Bonnabeau after joining from Voya Financial as vice president of investment product partners and having held similar roles at MassMutual Financial Group, Mercer, and Fidelity Investments; and
• Kevin Amoruso, director, DC strategic relationships, also reporting to Bonnabeau and joining with nearly 14 years at Principal Financial Group where he was last director, strategic relations.

Pontera’s platform enables recordkeepers and plan sponsors to offer participants access to personalized 401(k) management from a financial adviser. The firm has penned dozens of partnerships with advisories and investment firms since its founding in 2012, and in  received a $60 million fundraising round led by Iconiq Growth.

“We’re excited to join Pontera’s mission to enable more retirement savers to get holistic investment guidance incorporating their full portfolio,” Bonnabeau said in a statement. “Studies show professionally-managed portfolios can generate significantly higher returns than self-managed accounts, and with 40% of retirement income generated from their 401(k)s, Americans increasingly want these accounts integrated with their overall financial plan.”

Correction: Story clarifies that Pontera does not give direct adviser access to client 401(k) accounts.