Integrating securities and ERISA compliance, PRI delivers customized and subscription-based solutions to broker-dealers and investment advisers to manage risk, create economies of scale and increase revenue. Drawing on its broad experience in working with all affected business units allows PRI to develop uniquely profitable and sustainable strategies for the retirement plan marketplace.
RetirementAdvantage
RetirementAdvantage delivers a comprehensive suite of “plug-and-play” resources – ranging from forms, agreements, disclosures, compliance and supervisory procedures, etc. to sales support and ongoing training - designed to help retirement service providers stay competitive while seeking to comply with the technical and ever-changing requirements imposed under ERISA. The RetirementAdvantage program allows supervising firms to scale their retirement-related business at a fraction of the cost of hiring internal expertise, and ERISA-centric training and ongoing updates provide consistency and predictability in managing compliance costs on a going forward basis.
RetirementAdvantage is available to broker-dealers, registered investment advisors and investment managers. Please contact your PRI representative for information about each program. Additional detail and pricing can be accessed below:
Advisor Resource Center
Advisor Resource Center (ARC) provides a web-based portal to centralize retirement plan sales and servicing activities. From product support and practice management to compliance and supervision, ARC delivers a consistent and scalable approach to manage risk, streamline operations and improve coordination with strategic partners.
Integrating both proprietary and third party resources, ARC provides retirement plan advisors with all of the necessary components to grow and maintain a successful retirement plan practice, including practice management; investment analytics and fee benchmarking; product search capabilities; education and training; AdvisorResources; and document and workflow management.
Additional information can be accessed below. Please contact us to discuss how PRI can provide a specific solution to your challenges.
Advisor Resources for Plan Advisors and Consultants
AdvisorResources provides advisors and consultants with the tools and training necessary to develop a competitive and scalable framework for servicing retirement plans and plan participants. From actionable fiduciary education to proprietary policies and procedures, AdvisorResources help advisors differentiate their services and maximize their value proposition. Advisors who utilize the AdvisorResources approach will be well-positioned to retain existing clients and more effectively prospect new plans as the regulatory landscape continues to evolve.
The program is free to advisors licensed with RetirementAdvantage subscribers and through PRI’s Advisor Resource Center. Additional information can be accessed below; please contact PRI for information on obtaining individual licenses.
Additional Resources
- ERISA Compliance Article – ERISA Reform for Broker-Dealers & Investment Advisers (April 2012)
- ERISA Compliance Frequently Asked Questions
- Retirement Plan Designations and Credentials Worksheet
- Final Rule – Reasonable Contract or Arrangement Under Section 408(b)(2)-Fee Disclosure
- Final Rule – Fiduciary Requirements for Disclosure in Participant-Directed Individual Account Plans (404a-5)
- Department of Labor – Employee Benefits Security Administration
- EBSA Enforcement Manual
- ERISA in the United States Code
- DOL Advisory Opinions