**New member orientation will precede this meeting from 10:45 am - 11:15 am in the same room where the meeting will be held.  Please add the **New Member Orientation Ticket** Available Product ($0) -in addition to your meeting registration ticket- to your cart when registering for this meeting**

Many employers recognize that when employees live their best financial lives, it shows in the workplace. While great progress has been made, our research shows employees are seeking additional help to navigate their complex financial journeys including managing rising health care costs, and funding longer lives.

Our speakers will share opportunities to:

•    Enhance work/life balance benefits to retain talent, and other benefits desirable to employees.
•    Support employee career growth and maintain competitive pay, possibly with pay equity initiatives.
•    Consider the benefits your peers intend to offer in the next few years, and explore how these might fit with your workplace goals to help keep your benefits competitive
•    Communicate the importance of healthcare savings and the rising adoption of Lifestyle Spending Accounts

Presented by: Danovan Clacken, Director – East Coast Health and Benefit Account Distribution and Kai Walker, Head of Retirement Research and Inclusion Transformation

   
Danovan Clacken is a Health and Benefit Account Distribution manager covering the east coast for Workplace Benefits at Bank of America.  In this role, Danovan is responsible for distribution of the Health and Benefit Product suite of solutions to institutions of all sizes.  The Health and Benefit Solution suite is inclusive of Health Savings Accounts (HSA), Flexible Spending Accounts (FSA), Commuter Benefits, Health Reimbursement Arrangements and Lifestyle Spending Accounts (LSA).

Danovan joined Bank of America in 2010 and has held various roles in Investment Banking, Private Wealth Management and Global Banking & Markets under the firm’s Chief Financial Officer Group. He has been with Workplace Benefits since 2016 where he started as a Product Manager for Health and Benefit Solutions’ Retail and Small Business HSA channels, managed data analytics operations and, most recently, strategy and partnerships before taking on his current role.  He is Co-Chair of the Workplace Benefits Diversity and Inclusion Council and a member of the Workplace Benefits Campus Advisory Council where he leads recruiting.

Prior to joining Bank of America, Danovan worked at the United States Department of Justice.  He earned his BBA in Finance and Investments from Baruch College in New York where he resides with his wife and two daughters today.  

Kai serves as executive business lead for retirement research and inclusion transformation for the Bank of America’s Retirement & Personal Wealth Solutions Business. In this capacity, Kai leads a team of experienced professionals, who create and deliver research focused on workforce aging, longevity, diversity and inclusion, employee financial wellness and other workplace trends. The team shares this research with national/local markets for the Bank’s associates, advisors, bankers, individual investors, institutional clients and their employees. Through these efforts the team seeks to enhance employee well-being, foster financial inclusion and address the unique challenges confronting today’s workforce.

Kai began his career as an executive in the Merrill Lynch Global Wealth Investment Management organization and recently served as Enterprise Relationships Director. In this role, he was responsible for delivering innovative thought leadership, actionable ideas and relevant solutions to clients as an effective means in attracting, retaining, and motivating employees in an increasingly competitive business environment.

Kai also served as the National Director of Institutional Client Relationships and was responsible for coordinating the service and acquisition functions of the institutional and national client segment which maintained over $200 billion in assets and 4 million accounts under management.

Kai is a leading industry professional with more than 25 years of experience in retirement and financial services. Prior to joining Bank of America, he held a variety of key positions with market-leading financial services firms where he focused on helping corporate executives meet their fiduciary obligations and equipped and empowered their employees to achieve financial wellness.

Kai holds a B.S. in Mathematics from Gordon College and maintains certification in Economics from the University of Wisconsin. Kai holds FINRA Series 7, 66 and 24 registrations. He is an acting member of the EBRI D&I Council, DCIIA D&I and RRC Leadership Councils and the NASPP DEI Taskforce.  Kai is also member of the firm’s Black Executive Leadership Council and serves as an executive sponsor for the Jacksonville Inter-Generational Employee Network, and the RPWS Employee Engagement & Inclusion Council.

Palmetto SHRM thanks Merrill Lynch Wealth Management for sponsoring our September monthly member meeting. We are thankful to our supporters for taking such good care of our members!

Palmetto SHRM is working to support the SHRM Foundation book drive at the SC State SHRM Conference in September. Please bring any gently used HR or professional development books you no longer use to our September 17th meeting. Your donations are greatly appreciated and help us impact the community!

If you have any questions or would like more information, please feel free to reach out to Jordan Riker at [email protected] 

Learn More about Sponsorship