Chad W. Parks, CFP^®
President & CEO
The Online 401(k)

Chad W. Parks is President and CEO of The Online 401(k), the leading provider of no-hidden fee, Web-based retirement plans for small and single-person businesses.

Mr. Parks is a Certified Financial Planner^® (CFP^®) licensee. He started out in the financial services industry by growing a portfolio of individual clients as a broker at Piper Jaffray, Inc. in San Francisco. Driven by a desire to better serve his clients and anticipating the phasing out of the traditional broker model, he left Piper Jaffray to obtain his CFP^® designation and start his own fee for service, independent financial planning practice, Retirement & Education Group Inc., in 1997.

In his financial planning practice, Mr. Parks came across many small business owners looking for cost-effective and quality retirement plans. Finding the small business retirement plan market neglected and underserved, Mr. Parks launched The Online 401(k) in 1999. Today, The Online 401(k) serves more than 2,500 small business customers in 50 states, providing solutions both directly and through distribution partners, such as Charles Schwab & Co., Inc., payroll companies, financial planners and CPAs.

Prior to launching The Online 401(k), Mr. Parks collaborated with Financial Engines, a pioneer in the online 401(k) advice arena, and acted as a content provider for the company’s initial product. Mr. Parks was quoted in many financial services publications such as The Wall Street Journal, Bloomberg Wealth Manager, Business Week, Entrepreneur and Plan Sponsor.