San Francisco-based Dedicated Defined Benefit Services is a new company focused exclusively on helping advisers and financial institutions offer small defined benefit plans.
Dedicated DB offers integrated online marketing, sales support and plan administration, giving advisers a turnkey solution for clients looking to implement a defined benefit plan. The firm offers a private label solution for the institutional market to financial services companies such as The Hartford, Oppenheimer Funds and Pioneer Investments.
Advisers can use the firm’s Web-based proposal generator to create detailed client proposals and can also turn to Dedicated DB’s experts, available by phone, for technical sales support.
Dedicated DB’s product has an open architecture investment model allowing for equities, mutual funds, fixed-income, or other marketable securities from any financial services provider.