CLARKSTON, Mich., Oct. 16, 2012 /PRNewswire/ --Clarkston, Mich.-based Freedom One Financial Group, a 401(k) plan recordkeeping and administrative service provider, announced today that Freedom One Investment Advisors, Inc. will provide 401(k) plan advisory services for Port Huron, Mich.-based Blue Water Obstetrics & Gynecology, P.C. Freedom One Financial Group Vice President of Strategic Growth & Development Errol Hau made the announcement.

Blue Water Obstetrics & Gynecology, P.C., provides a full-spectrum of health care for women, offering knowledgeable and compassionate obstetrical care. Freedom One Financial Group will work with Blue Water Obstetrics & Gynecology, P.C., to handle the company's retirement assets for participants.

The addition of Blue Water Obstetrics & Gynecology, P.C. to Freedom One Financial Group's growing client roster expands upon the company's continued storied growth in Michigan. As a Michigan-based company, the firm prides itself on partnering with other local companies within the state.

"By adding Blue Water Obstetrics & Gynecology, P.C., to our roster of Michigan-based clients we are continuing to expand our footprint in the healthcare industry, which is a critical part of the state's economic landscape," said Hau. "We look forward to providing them our industry-leading participant education programs, which ensure employees stay on-track for meeting their retirement goals."

In a prepared statement, JoAnn Brooks, Office Manager of Blue Water Obstetrics & Gynecology, P.C., stated "We recently decided to upgrade our existing profit sharing plan to add a 401(k) plan. When comparing potential providers we felt that partnering with an organization that specialized in providing advisory and administrative services for qualified plans was important. Freedom One has relieved us of a significant administrative burden, has brought us into full compliance and will save me hundreds of man hours a year; all while significantly reducing our fiduciary liability by providing independent investment advisory services. The transition was quick, smooth and professional. We have reduced our annual costs while adding a 401(k) to our plan, a real win-win!"

Originally posted here:

Blue Water Obstetrics & Gynecology, P.C., Retains Freedom One Financial Group as 401(k) Plan Advisor