At Madison Financial, people come first.

We strive to change the financial futures of everyone we serve.

Businesses

Our team seeks to work with businesses of all shapes, sizes, and industries across the nation. If you are experiencing challenges with your 401k or if you are looking to set one up, we can help. We streamline fiduciary duties, optimize performance, and ensure compliance, empowering your businesses and plan participants to achieve their financial goals.

Business owners have a lot on their plates and want to know that they are doing what is best for their employees.

Our clients choose to work with the Madison Financial team because we help:

Remove the burden of trying to manage a retirement plan on their own
Reduce risk by keeping you in compliance
Provide confidence knowing you are in the best products
Enhance the employee experience by providing services at the individual level
Save plan sponsors money in administrative / service costs and fund fees

Individuals

From CEO to entry-level employee, we believe everyone can improve their financial wellness and realize a brighter financial future. As a part of every company retirement plan we service, our team provides one-on-one retirement planning to every willing plan participant using our “Transition to Retirement” financial wellness package.

Beyond this, we strive to become long-term financial partners for all plan participants. We not only help them create a plan, but should they need to relocate or change jobs, we can continue to assist them toward their personal financial goals.

No matter their income level or stage of life, we are committed to changing the financial futures for everyone we work with.

Volunteer Fire Departments

We believe that feeling secure in your financial future should be attainable to all people. This is why Madison Financial works with numerous volunteer fire departments to implement and manage either a 401k or 457b retirement plan.

The results have been incredible. We spend time designing plans with Fire Chiefs and their boards of directors, allowing us to create a retirement program that — alongside education and one-on-one participant support —gives their employees a very high probability of success!

The below statistics show how plan design and education has improved the retirement projections for these firefighters.

Employee participation % in plan with Madison Financial

Employee participation % in plan before Madison Financial

Average employee contribution % before Madison Financial

Average employee contribution % with Madison Financial

Number of employees who increased contribution with Madison Financial

New enrollments in all plans

Total participants in all plans

96%

68%

5.05%

7.32%

166

Employee participation % in plan with MF

Employee participation % in plan before MF

Average employee contribution % before MF

Average employee contribution % with MF

Number of employees who increased contribution with MF

New enrollments in all plans

Total participants in all plans

96%

63%

4.89%

31%

37%

123

What Clients are Saying

"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!”

The testimonials, statements and opinions presented on our website are applicable to the individuals depicted. Results will vary and may not be representative of the experience of others.