we empower businesses and plan participants to achieve their financial goals.

"One of the biggest needs for Volunteer Fire Departments is the ability to create a retirement plan that can compete with the North Carolina State Retirement System. By offering a strong program, our hope is to attract and retain dependable and capable men and women to who will serve these departments throughout their career.

When my clients choose Madison Financial, they experience an immediate difference in the service provided to their employees. Moreover, participation by employees almost doubles and deferral rates increase by 40%. By working with each employee one-on-one, Madison Financial is helping them achieve their individual retirement goals. I would encourage any fire chief looking to strengthen their benefit offerings to have a conversation with Doug and his team.”

“Our department began working with Madison Financial during the summer of 2022. We not only saw a decrease in costs, but also an immediate increase in participant services. Their advisors come onsite twice a year to meet with our employees. For shifts not at the department that day, we are able to schedule zoom meetings for their individual reviews.

Since working with Madison Financial, we’ve seen an increase in both participation and deferrals from our employees. Doug and his team are easily accessible, dependable, honest, and we are glad to be working with them. I’d encourage anyone with a retirement plan for employees to schedule a call Madison Financial to review your costs and services.”

“We began working with Madison Financial in early 2023. Keith Bost suggested we talk to them about our costs and the services provided by our current program. When we made the transition to T. Rowe Price from our previous provider, Madison Financial was with us every step of the way. But even more important to us was the immediate impact that they had on our employee’s participation in the plan and the individual services they gave to all our employees. Our previous plan did not provide our employees with the investment assistance / advice that Madison Financial provided and our participants now feel that they have much more control and access to their funds.

We are nearing the six-month interval that Madison Financial committed to come back and meet with our employees and they have already reached out requesting dates to come to our station and meet with our staff. I feel comfortable with how they work with everyone because what they do for me is exactly what they do for everyone on the team.”

“We hired Madison Financial in 2023 and immediately noticed a different approach than our previous advisors and 401k plans. They were with us every step of the way during our transition — guiding us through decisions and helping us avoid common pitfalls. Our goal was to create a 401k plan that was competitive, not only with other 401k plans, but also with differing retirement options available at other departments — like pension plans.

Madison Financial worked with us to make sure our program could provide the retirement that our employees deserve after a career devoted to looking out for the safety and wellbeing of others. Doug and Dan spent time with each employee individually to show them how to maximize their benefits and to understand how this will grow for them over time. I’m thrilled to say we now have 100% participation!”