Derrick Skogsberg

Derrick Skogsberg has been in the retirement plan administration business since 2004 as the owner and founder of a Third Party Administration (TPA) company called FranFund. The first 401(k) plan he created was his own and he used his retirement money to fund that business. He divested his equity interest in FranFund back in 2008 and started Tenet Financial Group three months later, again using retirement dollars. Today, Tenet Financial Group supports many thousands of small business clients through 401(k) Rollovers, SBA Loans, Unsecured Lines of Credit, Equipment Leases and other funding options. The company is headquartered in Aledo, Texas, with employees in 14 states and operations in 4 states.