Products April 22, 2010

Inspira, RiversEdge Team Up for IRA Offering

Inspira, a Pittsburgh‐based provider of turnkey private‐labeled IRA solutions, is joining forces with daily valuation recordkeeping firm RiversEdge Advanced Retirement Solutions.
Reported by

An announcement said Inspira will be performing automatic and voluntary rollover services for RiversEdge and its clients and will also provide RiversEdge with SEP and SIMPLE retirement program offerings. Meanwhile, RiversEdge clients will now be able to offer their participants an IRA solution through their own private‐labeled Web portal, call center, and marketing outreach program.

The alliance represents Inspira’s sixth new strategic partnership in the past month, according to the announcement. The partnership gives RiversEdge access to the $4.3-billion IRA marketplace.

Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.

RiversEdge clients will have access to Inspira’s offering, which captures lost participant revenue and affords them the ability to utilize the same investment methodology from account-opening through retirement, the companies said.

More information is available at www.inspirafs.com or www.RiversEdgeRet.com.

Products April 22, 2010

Schwab to Offer J.P. Morgan Fixed Income

Charles Schwab has become a “preferred retail dealer” for J.P. Morgan, the firms announced.
Reported by

A new agreement between the firms gives Schwab clients access to J.P. Morgan’s fixed-income securities.

Schwab investors and their independent investment advisers will have access to J.P. Morgan’s new-issue and secondary municipal bonds, corporate debt securities, and non-convertible preferred securities. Furthermore, clients will have access to J.P. Morgan’s research covering fixed-income markets and the economy through www.schwab.com.

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

«