From PlanAdviser.com — Strategic Retirement Partners (SRP) and Alerus just announced the WELLthBuilder II PEP leveraging iJoin’s advisor-managed account technology to support a highly personalized default investment strategy. Plans are in the works to incorporate an in-plan guaranteed income solution through the managed account by year-end.
“The holy grail I’ve been trying to get to for a long time for clients is managed accounts with open architecture on algorithms and open architecture on in-plan income at a reasonable price.”— Jeff Cullen, Co-founder and CEO, Strategic Retirement Partners
“We provide a lot of modularity and flexibility to forward-thinking firms like SRP. They can take our technology and put their imprint on it and use their investment management expertise.”
— Steve McCoy, CEO and CCO, iJoin
The PEP addresses four shortcomings of many plans by:
- Significantly reducing auditing fees
- Reducing fiduciary liability
- Adding personalized investments and advice
- Creating a pension-like experience with a deferred annuity integrated with the AMA
iJoin’s managed account and in-plan income technologies and integrations help leading organizations come to market with flexible, highly-personalized user experiences that drive better results. Request a meeting and learn how.
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