Rick Hope

Rick is a Senior Vice President of Washington Financial Group, where he helps individuals and organizations with retirement plan solutions. For over 30 years, he has developed a specialty in the retirement planning industry with both privately held and publicly traded businesses. In addition to working with 401(k) plans and clients, Rick is a regular panel moderator for The Plan Sponsor University (TPSU) educational programs in the Washington, DC Metro area. Rick is also the Past President of the Laurel Lions Club and Past President of the Columbia Rotary Club.

Rick is a proud member of the team at Washington Financial Group that was named a 2019 NAPA Top DC Advisor Team as well as the 2017 PLANSPONSOR Retirement Plan Adviser Small Team of the Year. The 2017 PLANSPONSOR Retirement Plan Adviser of the Year winners have demonstrated leadership and a commitment to excellence for their retirement plan sponsor clients and participants.

Rick was recently named to the 2020 Financial Times Top 401 Retirement Plan Advisors list.

Rick and his wife Karen reside in Ellicott City, MD. They have raised two children, Alex and Taylor, who are now grown and living independently. The Hope family has strong roots in Howard County as they have been residents there for the past 35 years. Rick is also a member of Grace Community Church, in Fulton, Maryland.


To be considered a 2019 NAPA Top DC Advisor Team, advisers had to submit an application form to NAPA-Net. The list focuses on investment advisory teams, rather than individual investment advisers, and on the defined contribution practice specifically. Teams are ranked based on Assets under Advisement (as of 12/31/2018). The complete list can be found here: https://www.napa-net.org/industry-intel/accolades/top-dc-advisor-teams.

The PLANSPONSOR Retirement Plan Adviser of the Year includes winners across four categories: individual, small team, large team and mega team. Judges look for advisory practices that employ industry best practices across a number of areas, including the implementation of auto enrollment, auto escalation and re-enrollment, especially at higher levels than the industry norms. Advisers that are successful in the award program need to demonstrate a commitment to outcomes-based measurement and encourage plan sponsor clients to create plans not that are just in the best interest of the company but are in the best interest of participants. This award does not evaluate the quality of services provided to clients and is not indicative of future performance. Neither the advisors nor their parent firms pay a fee to PLANSPONSOR in exchange for the Retirement Plan Adviser of the Year award.

The Financial Times 401 Top Retirement Advisors is an independent listing produced annually by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times (October 2020). The FT 401 is based on data gathered from advisors, regulatory disclosures, and the FT’s research. The listing reflects each advisor’s status in six primary areas: DC plan assets under advisement (AUA), DC AUA growth rate, specialization in DC plans, years of experience, advanced industry credentials and compliance record. A total of 855 advisors applied for the award, of which 401 were selected (47%). This award is not indicative of the advisor’s future performance. Neither the advisors nor their parent firms pay a fee to the Financial Times in exchange for inclusion in the FT 401.

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