OneAmerica Teams with Edward Jones

More than 12,000 Edward Jones advisers can offer OneAmerica’s 401(k) and 403(b) plans, the companies said in an announcement about the new alliance.

The companies of OneAmerica announced a distribution affiliation with Edward Jones that will allow thousands of potential new business clients to access OneAmerica’s capabilities. Beginning immediately, Edward Jones advisers can begin offering employer clients the 401(k) and 403(b) plan designs and recordkeeping services of American United Life Insurance Company Inc., a OneAmerica company.

Peter Welsh, vice president of product and business strategy for retirement business at OneAmerica, cited local service, customization and fiduciary support as key factors in the firm’s success.

According to Ed O’Neal, principal in retirement plan marketing for Edward Jones, the quality of the company’s strategic partners is crucial to providing products, services and solutions to help advisers serve the needs of plan sponsors.