Prescott will work directly with retirement plan providers to introduce the firm’s automated efficiency modules and client service capabilities. The modules can bring practice management and client service efficiency to retirement plan service providers—while also helping plan sponsors develop outcomes-based solutions designed to fit the service provider’s business model. He also joins the senior leadership team.
Prescott was previously with CPI Qualified Plan Consultants, where he served in a number of roles over 20 years, including chief marketing officer, president and, most recently, director of relationship management and strategic initiatives.
Prescott holds a bachelor’s degree in marketing and finance from Fort Hays State University in Hays, Kansas. His background in third-party administration gives him an “understanding of administrative workflow that retirement plan service providers will find to be invaluable,” the firm said in a statement.
Envisage Information Systems LLC is an independent software development company that provides Web, common remitter and workflow solutions to the retirement industry.