January 04, 2012
--- ExpertPlan was selected
by First Allied to provide recordkeeping services for its clients. ---
First Allied Retirement Services will upgrade its
existing recordkeeping system with an ExpertPlan-branded open architecture
system, which includes third-party administrative tools and functionality. The
company supports nearly 850 financial advisers affiliated with First Allied
Securities, Inc., an independent broker/dealer.
In addition, First Allied’s in-house asset management
team, acting as an ERISA 3(38) fiduciary, will continue to offer its national
network of advisers and their retirement-plan clients fully discretionary-based
custom portfolios.
The partnership began this past summer with a block
conversion of First Allied Retirement Services’ existing qualified plan
business.
Corie Russell