Paychex Adds ModelxChange Portfolios

Paychex Inc. added Mid Atlantic Trust Company’s ModelxChange Web-based model portfolios for its retirement recordkeeping services clients.

ModelxChange lets financial advisers choose from a suite of preselected portfolios from various money management firms and is meant to simplify coordinating with recordkeepers to efficiently manage an investment model.

According to a dual release from the firms, the addition of the ModelxChange portfolio to the Paychex platform will give clients a simplified model that is easy to use but still allows sophisticated investment management.

For more information on Paychex retirement services and the ModelxChange portfolios, visit