RCG News

Retirement Capital Group Announces New COO and VP of Design & Analysis

San Diego, CA - August 12, 2003 - Retirement Capital Group, Inc. (RCG), a leading provider of retirement planning services, today announced the addition of two key executives.

Cheryl Einsele has joined RCG as Executive Vice President and Chief Operating Officer. She has more than 20 years of operational and strategic experience, and is the former Director of Client Development for Merrill Corporation. In addition, she has seven years of experience with Clark Consulting, then Clark/Bardes, Inc., an executive benefits consulting firm.

Elaine Gonzales has also joined RCG as Vice President of Design & Analysis. Her former positions include Vice President of Design & Analysis at Clark Consulting, and Vice President at Compensation Resources Group.

RCG helps individuals and corporations decipher the ins and outs of tax laws, investment strategies, pensions, government regulations, and more. Through a consultative six-step process, RCG's Total Retirement Solution offers a variety of individual and corporate retirement solutions. RCG's process-driven approach to retirement plan design, funding, implementation and communication, and administration and monitoring assures that individuals, and corporations on the behalf of their employees, achieve their projected goals for retirement.

"Cheryl will be responsible for implementing RCG's mission nationwide, from our day-to-day operations to cultivating working relationships with professionals in our industry as well as with our network of Member Firm partners," said Bill MacDonald, Chairman and Chief Executive Officer. "With her extensive operational and strategic planning experience, Cheryl Einsele is well prepared to manage this effort and we are pleased to welcome her to our team."

Commenting on her new position, Einsele said, "I am very enthusiastic about the opportunity to join RCG at such a pivotal time in the company's development. RCG’s mission is significant, and will address an escalating problem in the United States – the need for significantly higher savings and investment for retirement. Within only one year, RCG has earned an outstanding reputation and I look forward to playing an integral role in its continued success."

In regard to Elaine Gonzales, Bill MacDonald added, "I've worked with Elaine for over 20 years, and am continually impressed with her expertise in the analysis and design of retirement benefit plans. Under Elaine's leadership, the Design & Analysis team will be able to proactively deliver a variety of cost-effective retirement benefit plans to our clients."

About Retirement Capital Group

RCG's focus includes optimizing retirement savings by minimizing taxes through a complementary combination of qualified defined contribution and defined benefit plans, and nonqualified deferred compensation plans. RCG adds further value through its own proprietary solution, the Insured Security Option Plan (ISOP), a patented, tax-deductible deferred compensation plan that provides ERISA-protected employee retirement benefits. The ISOP is an excellent plan for companies with a desire to help their most valuable employees to maximize their retirement assets.

In addition, RCG utilizes an endorsed marketing model to include affinity groups and trade associations. RCG has earned the endorsements of prestigious trade associations (for their business members) and professional associations (for their individual members) with a targeted reach to thousands. As a result, RCG has become the leading provider of customized and turnkey programs and services in the investment and retirement planning area, for members of associations, affinity groups, and other sponsoring organizations. RCG likewise provides association members with the ability to utilize its services through a growing network of local Member Firm retirement consultants across the country.

Retirement Capital Group's corporate headquarters is located in San Diego, California.

Return to RCG News