Robert Raphael currently serves as Principal of SCS Retirement. He is an independent Registered Representative with LPL Financial. In this capacity Mr. Raphael serves as both a 3(21) and 3(38) fiduciary fee-based 401(k) plan advisor to professionals and corporations. He has over 25 years of experience in the 401(k) plan business and he and his firm currently work with over 180 corporate plans.
Mr. Raphael was recently named to the 2018 Financial Times Top 401 Retirement Plan Advisors list. The top advisors were chosen based on several criteria, including assets under management in the defined contribution (DC) plans; degree of specialization in DC plan advising; growth in DC plan assets under management; growth in number of DC plans advised; average population rate in advised DC plans; years of experience as a DC planner; industry certifications; and compliance record. Neither the brokerages nor the advisors pay a fee to The Financial Times in exchange for inclusion in the FT 401.