Two Cantella Advisors Named to Top 20 Retirement Plan Rising Stars

[Boston] Tony Ciocca and Michael W. Kozemchak have each been named a 2007 Top 20 Retirement Plan Advisor Rising Star by Institutional Investor magazine. Both Ciocca and Kozemchak are managing directors of Institutional Investment Consulting (www.iic-usa.com), a national, objective, single-source provider of institutional investment consulting services with offices in Bloomfield Hills, MI and Waterbury, CT.

“Tony and Michael represent the best the retirement-advisory industry has to offer,” said Philip C. McMorrow, CFP, President of Cantella & Co., Inc., a Boston-based independent broker-dealer (www.cantella.com). “The retirement-plan business today is in a constant state of evolution and regularly imposing new demands on planners. We are very pleased to see Michael and Tony recognized and congratulate them on their achievements. For each of them to be on this very distinguished list is further testament to their creativity, vision and hard work.”

Kozemchak, 39, is based in Bloomfield Hills, MI, and personally overseas management of $1.1 billion of $2.5 billion managed by his team and is also responsible for new business development and retention. Ciocca, 37, is based in Waterbury, CT. Ciocca personally overseas $850 million in plan assets of $1.5 billion.

“The biggest challenge we are facing as consultants,” notes Kozemchak, “is clients are asking us to do considerably more. The lowest cost is seldom synonymous with best value. The needs of plan participants are often best served by the latter.”

“Over the next few years most of the multiple-vendor 403(b) ERISA plans will migrate to single vendors due to inefficiencies in these programs,” says Ciocca. “This is leading to a great opportunity for advisors to help participants save money, create efficiencies and implement prudent investment-monitoring processes.”

All selected Rising Stars must be age 40 or younger, have credentials, experience and a “career consistency” that indicates they will be the “ones to watch as leaders and trendsetters” in the industry according to the publication’s editors. The advisors are peer-nominated and final selections are made by the magazine’s staff. This is the first year in which the publication held such a competition which was open to retirement-plan advisors nationwide. Members of private firms and investment banks are eligible.

For further information or to speak with Michael Kozemchak or Tony Ciocca members of the media should contact Joseph Finora at: jfinora@optonline.net.

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Cantella & Co., Inc., is an independent broker-dealer with approximately 240 representatives nationwide providing individuals, businesses and institutions with a broad range of financial products and services including investments, insurance, annuities, securities brokerage and asset management. Additional information may be found at www.cantella.com.

Certain statements in this document may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act. These statements are based on management’s current expectations and subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of factors. More information about these factors is contained in Cantella & Co., Inc.’s Securities and Exchange Commission filings.

Cantella & Co., Inc., member FINRA/SIPC was founded in 1952 by Vincent Cantella and is located at: 2 Oliver Street, 11th Floor, Boston, MA 02109, tel: 617-521-8630 www.cantella.com.
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