David Krasnow received his Bachelor of Arts from Indiana University in 1991 and began his career in the pension industry shortly thereafter with Great West Retirement Services in Chicago, Illinois.
After working for GWRS for seven years, David decided to pursue different avenues within the pension field and became a Vice President of Institutional Sales with Key Bank in Cleveland, Ohio.
After two years with Key Bank, David had a strong desire to become an independent pension advisor because of the need that he saw for more comprehensive, hands-on service, than that which was being provided by the large institutions. In 1999, David formed Pension Advisors, a retirement plan advisory firm in Beachwood, Ohio.
Pension Advisors has grown into a nine-person firm with over ninety corporate accounts and assets over $500 Million. Pension Advisors’ strength lies in its in-depth knowledge of the pension industry, its aggressive, on-going servicing of its existing accounts, as well as becoming a pioneer in the managed account industry. In 2005, Pension Advisors became the first pension advisory firm nationally to introduce its own managed account product, AdviseMe!® which enables it to personally manage individual participants’ 401(k) accounts.
In addition, David often speaks at various forums nationwide including SHRM, ASPPA and SPARK. Just this year he was invited to participate at the Target Date Fund Hearings in Washington DC, and testified on a panel before the SEC and DOL.
David lives in Moreland Hills, Ohio with his wife, Beth, and their four children. David is an avid golfer, enjoys coaching his children’s sports teams, and spending time with his family. David’s life-long dream is to make a hole-in-one.
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The story about the U.S. economy remains positive. Unemployment seems to have reached a trough just below 4% while not leading to horribly negative effects on productivity, and showing mild wage inflation, concentrated in certain areas of the economy.Read full story here