As millennials become the largest generational segment in the workforce, many are entering their careers with a massive weight on their shoulders: student debt. 1.4 trillion in debt, according to a 2018 study. While governments have struggled to address this issue, some organizations are implementing their own student debt alleviation programs as part of their broader Total Rewards strategies. Please join us as Jania Stout of HighTower Advisors talks to us about this unique new strategy and its potential advantages and pitfalls. Could this be a potential development and retention solution for top talent at your organization?
Jania Stout, Managing Director, Co-Founder of Fiduciary Plan Advisors at HighTower, brings over 22 years of experience in ERISA plan consulting to her role as Practice Leader. Her team advises close to 6 billion in retirement plan assets covering over 100,000 employees. She was named the 2016 Plan Adviser of the Year by Plan Sponsor Magazine and is currently the President for National Association of Plan Advisors (NAPA).
Ms. Stout was elected President of National Association of Plan Advisors in 2019. The Council is charged with setting the strategic direction and making policy decisions on all matters related to NAPA’s mission. Ms. Stout was asked to testify in front of Congress in the summer of 2017 to speak as a Retirement Expert. She has also met with the DOL in the Spring of 2016 to provide her thoughts and opinions about the pending (at the time) Fiduciary Regulation. Ms. Stout is a National speaker on topics regarding Financial Wellness and Prioritizing Goals. She has been featured in the Washington Post, Investment News, Benefits Magazine, RIA Biz and Plan Sponsor Magazine. Her team won one of the most prestigious awards in the industry in 2013; the 401(k) Advisor Leadership Award sponsored by National Association of Plan Advisors (NAPA). She won Plan Advisor of the Year in 2016 and has been named Top 100 Plan Advisors for the past 4 years.