The Chicago-based investment and retirement plan consulting firm said that Malone is a nationally recognized retirement plan consultant with 25 years retirement plan consulting experience, most recently the Institutional Retirement & Investment Practice Leader for Blue Prairie Group, a Chicago-based consulting firm.
Malone began her career on the vendor side of the business working at The Principal Financial Group. During that tenure, she led their in-house ERISA Consulting practice, which supported the diverse consulting needs of Principal’s 20,000+ retirement plan sponsors, according to the announcement.
Malone has earned the Accredited Investment Fiduciary (AIF®) designation from the Center of Fiduciary Studies, Wharton School of Business and the PLANSPONSOR® Retirement Plan Professional (PRP) designation, which recognize excellence in retirement plan consulting.
“As National Practice Leader, Tess will be responsible for bringing market leading solutions to our clients that help them mitigate risk and improve the effectiveness of their retirement plans,” said Donald Stone, president of Plan Sponsor Advisors. “Tess is an industry thought leader and we are excited to have her as a senior member of our team,” he added.
Co-founded by Stone and Jennifer Flodin, Plan Sponsor Advisors (PSA) is an independent, investment and retirement plan consulting firm with offices in Boston, Chicago, Des Moines, and Charlotte. The firm has advised plans with over $55 billion of retirement assets since 2002. Its clients include public and privately held companies of all sizes ranging from family held companies to global corporations, major universities, healthcare systems and hospitals.