Marketplace name: Marcum Benefits Marketplace
Technology used to power platform: Partners with different exchange platforms including Employee Navigator and Liazon’s Bright Choices
CEO or Practice Leader: Steven D. Brett, President of Marcum Financial Services.
Main Location / Headquarters: Melville, NY
Founded / Exchange Launched: 2014
Website: Please click here.
Membership/number of lives currently on platform: TBD
Segment size preference (“target business size”): Available for individuals and groups but geared for employers with 1,000 or fewer employees.
Offers three different exchange solutions:
- Marcum Financial Exchange- for Individuals
- Bright Choices Exchange – for small and medium sized employers
- Employee Navigator – for medium to large employers
States of operation (if available):
Are employers required to use a defined contribution:
Carriers Offered: Numerous carriers offered
Decision Support: Includes tools to facilitate the comparison of policies and determine which policy most meets the needs of the clients. Additionally, members are given access to the full portfolio of financial planning and portfolio management services available from Marcum Financial Services.
How does exchange get compensated:
Standard or Custom Product Configuration:
Single-carrier or Multi-carrier: Multi-carrier