Global Financial Integrates Administration Solutions

Global Financial Private Capital, an independent registered investment adviser (RIA), has integrated its retirement planning services platform with those of Aspire Financial Services and DWC ERISA Consultants.

The resulting platform can service 401(k), 403(b) and 457 plans, as well as individual retirement accounts (IRAs). Advisers can use the platform to customize service delivery for each client without binding proprietary requirements, Global Financial says. The system can also provide fiduciary protection for plan sponsors and enhance employer’s retirement benefit plans to attract and retain high-quality talent.

The new system combines Aspire’s technology platform and plan processing services with DWC’s plan design and compliance services, creating a conflict-free open-architecture management system that offers flexibility and transparency at a competitive cost structure with all fees disclosed, Global Financial says.

“This expansion allows us to simplify the retirement management process while providing institutional-quality services for smaller and mid-size plans, which are currently underserviced by the industry,” adds Geoffrey Frazier, president of Global Financial.

Frazier says there is increasing demand from employers and plan sponsors for end-to-end plan administration solutions with fiduciary oversight and compliance support, as well as technology-enabled plan processing and recordkeeping for all plan types.

As a 3(38) investment manager, Global Financial accepts fiduciary responsibility to manage the plan’s investment menu, potentially reducing the liability of the plan sponsor.

More information on the firm and the new platform is available at