Pershing has started the rollout of its Retirement Plan Network, a new solution designed to help broker-dealers and investment advisors grow their retirement plan business.
Through the network, advisors will be able to access independent recordkeepers via NetX360, Pershing’s technology platform.
The network’s menu of investment choices features mutual funds, stable value funds and exchange-traded funds.
Advisors will have a single point of access for both individual and retirement plan businesses. Support offered will include practice management and an integrated set of retirement plan tools that will allow advisors the ability to create proposals, view plan investments, conduct investment reviews, facilitate IRA rollovers, select recordkeepers and access plan sponsor and participant education materials.
“As a leading service provider to advisors, we are well positioned to support the large number of advisors who sell and service retirement plans,” said Rob Cirrotti, head of retirement solutions at Pershing. “We are excited to expand our solutions to help them efficiently grow their retirement plan practice and drive better retirement outcomes for plan sponsors and their plan participants.”