Products May 13, 2015

BB&T Retirement Launches Rollover Platform

BB&T Retirement and Institutional Services launched a new rollover servicing platform to expand distribution and rollover services for retirement plan participants.
Reported by

The integrated platform, dubbed Rollover Central, provides participants with educational content and seamless distribution and rollover services at the plan level. Participants can explore rollover solutions and work with experienced BB&T investment advisers, who will help them make selections based on their unique profiles and investment needs.

“We support our plan sponsors’ goals to provide better retirement outcomes for their employees,” says Ray McCulloch, manager of BB&T Retirement and Institutional Services. “As Baby Boomers retire and people change jobs more frequently, participants need better guidance on managing their retirement savings and goals. This new platform meets that need by providing helpful advice, a simple rollover experience and life-stage financial services for plan participants.”

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

The new Rollover Central is integrated within BB&T’s recordkeeping system and offers a “diverse array of solutions to facilitate individual retirement account (IRA) openings,” according to McCulloch, “eliminating much of the confusion and complexity of processing a rollover for job changers and retirees.”

More information is available at BBT.com/RetirementSolutions.

Deals & People May 13, 2015

SageView Expands California Footprint

Rodney Balbuena has joined SageView Advisory Group in the firm’s newly opened office in Pasadena, California, while Cathy Christ comes to the Irvine office.
Reported by

Balbuena joins SageView as managing director in the Pasadena office and will focus on providing quality retirement plan advisory services to corporate and nonprofit plan sponsors. He has more than 20 years’ experience in specialized retirement plan advisory services to mid- and large-sized organizations. Most recently, he served as a retirement investment adviser for the insurance broker Arthur J. Gallagher. Previously, he was a sales director with MetLife. He holds FINRA Series 6, 63 and 65 licenses as well as a State of California insurance license.

Christ, who has more than 18 years’ experience in retirement, joins SageView as a retirement plan consultant in Irvine. She will focus on assisting clients with fiduciary compliance, plan design and management, leading vendor searches, facilitating plan conversion and implementation, delivering investment reviews, and assisting with ongoing plan administration.  She was previously a retirement plan consultant at Arthur J. Gallagher. Christ holds FINRA Series 6, 63 and 65 licenses.

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

SageView Advisory Group, headquartered in Irvine, California, is an independent registered investment adviser (RIA). The firm was 2014 winner of the PLANSPONSOR Retirement Plan Multioffice Team of the Year, and provides retirement plan consulting services to more than 650 defined contribution, defined benefit and deferred compensation plans.

«