Commonwealth to Offer 401(k) Resources to Advisers

Commonwealth Financial Network and 401(k) Producer Services have agreed to an institutional partnership that will provide Commonwealth advisers with access to retirement plan consulting tools and resources.

Advisers will have access to a multitude of retirement consulting tools, technology, and resources to better serve plan sponsors and their employees, according to a Commonwealth press release. These include fiduciary and plan compliance materials, independent investment analysis, marketing and sales support, fee benchmarking services, consulting services support, administrative checklists and support staff forms, employee communication materials, and practice management assistance.

“We partnered with 401(k) Producer Services to bring a high-quality service platform to our retirement producers,’ said Timothy Nihill, Commonwealth’s manager of retirement, in the release. “What this firm offers will allow our advisers to move upstream in the marketplace, as well as allow them to spend more face time with current and prospective clients.’

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