Inspira, RiversEdge Team Up for IRA Offering

Inspira, a Pittsburgh‐based provider of turnkey private‐labeled IRA solutions, is joining forces with daily valuation recordkeeping firm RiversEdge Advanced Retirement Solutions.

An announcement said Inspira will be performing automatic and voluntary rollover services for RiversEdge and its clients and will also provide RiversEdge with SEP and SIMPLE retirement program offerings. Meanwhile, RiversEdge clients will now be able to offer their participants an IRA solution through their own private‐labeled Web portal, call center, and marketing outreach program.

The alliance represents Inspira’s sixth new strategic partnership in the past month, according to the announcement. The partnership gives RiversEdge access to the $4.3-billion IRA marketplace.

RiversEdge clients will have access to Inspira’s offering, which captures lost participant revenue and affords them the ability to utilize the same investment methodology from account-opening through retirement, the companies said.

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