2026 Service Stars  | Individual

Hector Palacios

BIO


Hector Palacios has over 25 years of experience in the financial services industry, 19 exclusively working with defined contribution retirement plans. He has consulted on all aspects of plans, with both for-profit and not-for-profit clients, and works closely with plan sponsors and industry professionals on plan design, administration, operations, investments, education and compliance. His prior experience as an English/Spanish bilingual retirement educator and communication consultant provides a useful perspective in his relationship manager role. Palacios has attained the Certified Pension Consultant and Qualified Pension Administrator designations with the American Society of Pension Professionals and Actuaries.

NOMINATOR COMMENTS


A company in the construction trades said: “This past year, we changed our approach to investment offerings in our 401(k) plan. Hector was the glue that held the project together and made it as seamless as it could possibly be. This was a huge undertaking for our company, and without Hector’s help it would not have been successful. He continues to make me feel like we’re the only client Milliman has. I worked at a recordkeeper for 15 years before coming over to the client side. I’ve been at my current employer for over 20 years and have had different relationship managers. Hector is the best one we’ve ever had. I know how hard the job is since I did it myself. Hector continually raises the bar for us!”

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