Press Release

JULY Welcomes Bill Riccio as Vice President of National Sales & Promotes Adam Barker to Vice President of TPA Partner Services

Issued by JULY Business Services

Aug. 25, 2024

JULY continues strategic leadership expansion to support growth

Waco, TX -- JULY Business Services (JULY), a leading national provider of 401(k) plan services for small to mid-sized employers, is strengthening its strategic leadership with the recent appointment of Bill Riccio as Vice President of Sales assuming Adam Barker’s role leading the national sales team, and the promotion of Adam to Vice President of TPA Partner Services.

With an impressive history in sales leadership and deep expertise in retirement plan consulting, Bill Riccio is poised to play a crucial role in driving the success of JULY’s sales team, fostering advisor relationships, and accelerating company growth. Bill joins JULY with a rich background in the industry, having served as an executive leading national sales and business development.

Reflecting on the new role, Bill states, “I’m thrilled to join JULY, a company known for its thoughtful people, focus on innovation and commitment to client success. I look forward to contributing to the continued growth of JULY by nurturing the development of our seasoned team and by driving new opportunities and enhancing our service offerings to meet the evolving needs of plan sponsors and advisors.”

Adam Barker has been promoted from National Sales Director to Vice President of TPA Partner Services. With over 18 years at JULY, Adam has played a pivotal role in building JULY’s outsourced staffing solutions for TPAs, developing key TPA and institutional relationships, and expanding the national sales team.

In his new position, Adam will focus on leading JULY’s TPA Partner Services Team, which is dedicated to helping TPAs reduce operating costs, enhance quality, and streamline delivery times. Reflecting on his promotion, Adam shares, “I’m honored to take on this new role and continue contributing to JULY’s mission. I’m excited to lead a team that is instrumental in providing our TPA partners with the tools and support they need to thrive in a competitive market.”

“We are delighted to have Bill Riccio join JULY as our VP of Sales during a time in which JULY has experienced substantial growth. Bill’s exceptional reputation and experience will provide strength to the execution of our sales strategies to further support advisors in growing their qualified plan business,” said Blake Willis, COO at JULY. Blake also states that “Adam’s promotion reflects his outstanding performance and dedication and aligns with JULY’s ongoing commitment to building and deepening TPA relationships, supporting their success.”

About JULY:

JULY offers a comprehensive suite of modern retirement plan solutions, with a focus on making workplace plans accessible to millions of small businesses. Leveraging proprietary technology solutions, JULY simplifies and automates all aspects of retirement plan setup and operation. Additionally, the company’s high-touch service model ensures a superior experience for employers, employees, and financial advisors. Presently, JULY serves more than 8,500 401(k), cash balance, defined benefit, and other retirement plans across the United States. The company also provides expert white label, co-branded, and back-office support for other organizations.  Please visit us at www.julyservices.com and www.julypartnersolutions.com to learn more.

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