Products March 19, 2012

UBS Adds Matrix Trading Platform

Matrix Financial Solutions will provide its plan data feed service, part of the Matrix Broker/Dealer (BD) solutions suite, to UBS Wealth Management US.
Reported by

As part of the agreement, Matrix’s core trading platform was added to the UBS Select for Corporate Plans Platform.

The Matrix BD Platform is a suite of retirement planning products and services that enables financial services firms and advisers to navigate the retirement plan process. Through its TrueOpen architecture, the solutions improve efficiencies and tighten compliance principles throughout the enterprise and support recent regulatory mandates. The suite includes the plan data feed services and level compensation services, as well as adviser desktop applications.   

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UBS financial advisers will also be able to view values and activity in their plans on the Matrix platform via the UBS desktop platform, ConsultWorks.

Using third-party administrators (TPAs) that have a relationship with Matrix in conjunction with the Matrix custodial platform allows UBS financial advisers to bring Matrix’s TrueOpen architecture features to their plan clients, including choice of TPA and UBS-approved investment offerings for 401(k), 403(b), 457 plans and more.

Deals & People March 19, 2012

Wilkes Joins The Wagner Law Group

Stephen Wilkes joined The Wagner Law Group in its San Francisco office. 
Reported by

Wilkes has more than 30 years of experience in employee benefits, related securities law and general financial services. Wilkes joins The Wagner Law Group from Drinker, Biddle & Reath, LLC.

With new sets of fee disclosure regulations taking effect on July 1 and August 31, Wilkes said he expects to see a lot of matters requiring the firm’s legal counsel and insight.

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The Wagner Law Group specializes in ERISA, employee benefits and executive compensation, estate planning and administration, and employment, labor and human resources law. 

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