Ascensus to Partner with Edward Jones

Ascensus announced a partnership with Edward D. Jones & Co. to offer its open-architecture retirement plan platform, SingleSource, to a wider client base.

The multi-tiered solution offers both third-party administrator and full-service options, and allows clients to construct plan investment menus consistent with their Investment Policy Statements. Edward Jones clients will have access to increased retirement plan investment options, greater flexibility and the custom plan design capabilities provided by Ascensus.

For Edward Jones’s more than 12,000 financial advisers, SingleSource provides a broad range of investment options and a series of tools to help facilitate plan sales, gather plan assets, simplify plan administration and retain participants.

“We are very pleased to announce our new strategic alliance relationship with Ascensus,” said Edward O’Neal, partner at Edward Jones. “The retirement plan business is a strong focus of Edward Jones and the quality of our strategic partners is very important to us as we help our financial advisers have the product and resources they need to serve the plan sponsors in their communities.”