Investors Recognize Jim Clark

Online, October 27, 2011 (Newswire.com) - Jim Clark, Founder, Chairman and CEO of Indianapolis based retirement planning firm Jim Clark Retirement has been recognized by investors for his integrity in his handling of the failure of his former company Progressive Alliance, Inc. In an almost unprecedented act of generosity and integrity, Clark personally guaranteed investors' investments.

In 2001, Progressive Alliance, Inc. dba Progressive Alliance of retirement Planners was forced into Chapter 11 reorganization bankruptcy. As a result, Clark, the then Chairman of the company, immediately notified the investors that should the company's attempt to reorganize fail, he would personally guarantee each investor's investment.

Charles Traylor, the attorney who handled the conclusion of the reorganization proceeding said: "From day one of the aforementioned events, Mr. Clark has maintained his personal commitment to make sure every investor and every creditor receives every penny that is due. Much of my practice has to do with bankruptcy, and in my experience Mr. Clark's attitude is most unusual..."

Ed Snyder, former member of the Board of Directors, said: "Jim Clark is a unique individual. Not many people would use their own money to make the investors whole. His integrity speaks for itself."

Contact Information:
Jim Clark & Associates
8200 Haverstick Road Suite 102
Indianapolis, IN 46240
317-536-2100