Rebalance to develop a 401(k) program that not only reduces unnecessary fees, but is designed specifically for dental practice owners.
Rebalance, an investment firm headquartered in Palo Alto, Calif, and Bethesda, Md, has announced the formation of its inaugural dental advisory board. The Rebalance Dental Advisory Board will provide critical insights into the distinct retirement needs of the dental community, with the aim of dramatically improving 401(k) options for dental practitioners and their practices.
“We have formed the prestigious Rebalance dental advisory board in order to leverage their industry knowledge and strategic guidance as we develop a best-of-breed 401(k) solution, designed especially for dental practice owners,” says Scott Puritz, Rebalance managing director. “We know that dental practices are paying far too much in fees and taking on far too much risk with the 401(k) plans they are currently able to offer their employees. We look forward to being able to offer a 401(k) solution that will help dental practice owners improve investment returns, reduce their investment risk, and lower investment fees up to 50%.”
“For years, dental practice owners have had terrible options when it comes to the retirement plan benefits available for themselves and their employees,” says Rebalance dental advisory board member Richard W. Valachovic, DMD, MPH. “I look forward to working with Rebalance to develop a 401(k) program that not only reduces unnecessary fees, but is designed specifically for dental practice owners.”
The founding members of the Rebalance dental advisory board include Valachovic, who previously served as president and CEO of the American Dental Education Association; Timothy Tremont, DMD, department chair of orthodontics at the James B. Edwards College of Dental Medicine at the Medical University of South Carolina; and Joseph Marvizi, DDS, a dental professional who has been awarded the advanced status of board certified diplomate by the International Congress of Oral Implantologists (ICOI) for his work and expertise in the field of dental implant surgery and restoration.