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Phillips Benefits Advisors Becomes BAN Member
Newest Member is Based in Fort Wayne, Indiana

CLEVELAND, OH and FT. WAYNE, IN (3/9/10) --- Benefit Advisors Network (BAN) is regarded by many in the benefits industry as the best peer to peer organization in the nation.  This premier national network of independent benefit advisory and consulting companies has named Phillips Benefits Advisors of Fort Wayne, Indiana as the newest member of the elite organization.

“Unlike large national firms, Phillips Benefits Advisors and other Benefit Advisors Network members are independently owned firms.  They are unencumbered by stockholder expectations,” said BAN Director, Deane Elek. “Rather, our members are focused on and responsive to the needs and expectations of their clients.  Because they are business owners themselves, they have an understanding of what local employers need and want, while delivering the cutting edge services and resources that our national network provides."

Phillips Benefits Advisors a division of  Phillips Financial, traces its beginnings in Fort Wayne to 1949. In 2004 PBA was incorporated and Chad Burch*, CFP®   was named president.  With over 53 years of combined industry expertise, Burch, and co-owner Rick Phillips, CFP® both have served in various leadership roles with industry organizations.

“We look forward to getting to know all the BAN members in the coming weeks and months,” said Chad Burch, President of Phillips Benefits Advisors. “We really saw membership with BAN as an opportunity to work with and learn from others in the industry, all of whom have an ethical approach to business, a deep knowledge of the industry, and are committed to providing high quality service."

Burch continued, “BAN membership gives our firm open access to the collaborative expertise and best practices from a nationwide pool."

Phillips Benefits Advisors specialize in the employee benefits market focusing particularly on 401K plans, self funded ERISA health plans, and group term life and disability plans.  They offer valuable services to customers in Northeast Indiana ranging in size from 10 to more than 1,000 employees.

Members of BAN are selected specifically for their industry knowledge, ethics, and vision. Membership represents a prestigious validation that a firm has been recognized as the “best of the best” in its particular geographic market.

BAN differentiates itself by only selecting one firm per market or market segment to join the organization. That unique structure and philosophy allow members to share best practices. Recent studies show this unique collaboration results in BAN members producing 65% higher revenues per employee than their peers.

For more information about Phillips Benefits Advisors, call 260-420-7732 or visit the company’s website at www.1phillips.com.

About Benefit Advisors Network

Benefit Advisors Network is a federated association of benefits brokers who leverage their combined size to bring employers the right solutions at competitive prices. For more information about Benefit Advisors Network, contact Director Deane Elek at (440) 528-0301 or visit the organization’s website at www.benefitadvisorsnetwork.com.

*Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Registered Broker/Dealer, Member FINRA/SIPC.  Investment Adviser Representative, Phillips Financial Management, LLC, doing business as Phillips Financial, an SEC Registered Investment Adviser. Phillips and Cambridge are not affiliated.  Phillips Financial address:  6920 Pointe Inverness Way, Suite 230, Fort Wayne IN, 46804. 260-420-7732.