Alliance Pension Consultants LLC and LDI-MAP LLC, doing business as iJoin, will incorporate iJoin’s retirement plan technologies into Alliance’s 401(k) and 403(b) offering.
Under this agreement, financial advisers with plans on Alliance’s open architecture platform will be able to leverage a personalized, goal-based participant experience, plan success analytics, engagement platforms and managed account program.
The integration streamlines enrollment and provides access to individual data points to calculate the retirement funding goal for each participant and recommend a strategy.
Advisers can view information across all plans, compare plan performance against industry benchmarks and review individual plan or participant-level data to identify trends and opportunities to share in plan sponsor meetings.
“Advisers today want efficient and insightful tools to assist them in producing better retirement outcomes,” explains Jeff Feld, principal at Alliance. “Our partnership with iJoin gives advisers an intelligent tool to deliver on this promise and differentiate their message.” He adds, “With this enhancement to our platform, they now have the ability to present a branded experience that’s highly personalized to each participant and that supports their desire to communicate at scale while remaining accessible.”
iJoin’s CEO, Steve McCoy says, “Alliance has invested for decades in being a ‘go-to’ partner for retirement plan advisers. With iJoin’s technology, they enable forward-leaning advisers to gain advantage in the market with a client experience that focuses on goals and outcomes rather than reporting on funds, fees and fiduciaries.”