iraLogix Offers Software Response to Fiduciary Regulations

iraLogix says it is pushing forward on a web-based IRA recordkeeping services platform to extend affordable IRA options to all retirement investors, regardless of account size.

iraLogix LLC announced it is working with Integrated Retirement Initiatives LLC to deliver a complete individual retirement account (IRA) recordkeeping solution that “enables financial institutions to efficiently and cost effectively offer their best investment ideas and advice to all individuals saving for retirement, regardless of account size.“

As an independent technology and services firm with “significant investment industry expertise among its leadership team,” iraLogix says it is well positioned to provide value to the IRA industry as market and regulatory pressures mount.

According to the firm, the iraLogix platform is built around modular and conflict-free software that seeks to offer flexibility in investment, advice and custody options for IRA accounts of any type or any size.

“It is designed to integrate smoothly with any firm or organization in the IRA market regardless of market segment or systems capability,” the firm suggests. “Clients may quickly deploy the solution alongside existing, legacy technologies and operations without the need for additional systems development or additional staff. Partnering with iraLogix reduces the costly burden of administering accounts on systems that were not designed to handle these types of accounts.”

Co-founder and Board Chair James Haluszczak says the firm looks forward to partnering further with Integrated Retirement Initiatives to help advisers and brokers respond to new fiduciary pressures and other challenges emerging in the IRA advisory market.

For more information visit www.iralogix.com.

PLANADVISER’s full coverage of the DOL’s final fiduciary rule is here

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