Private Capital Group will be offering the Practice Advantage technology solution from Envestnet| Retirement Solutions (ERS) to its adviser audience.
The platform features investment analysis and performing tools, allowing advisers to align plan sponsor reports with investment policy statements (IPS); mobile-enabled, intuitive navigation specifying clients’ plans and investments; and a 5500-database search engine shaped to support client relationship management (CRM) and requests for proposals (RFPs), according to Envestnet.
“We are glad to provide Private Capital Group with dynamic, fully integrated technology that will allow retirement-focused advisors the flexibility to be responsive to the changing needs of their clients’ plans,” says Babu Sivadasan, president of Envestnet | Retirement Solutions. “This is part of the natural progression of our commitment to the client relationship we have with Private Capital Group, and we look forward to helping their advisors grow and scale as they add more retirement plans.”
“This new adoption of the robust retirement investment tools ERS provides will enable Private Capital Group (PCG) to better serve our retirement plan clients,” says Benjamin Kille, co-founder of Private Capital Group. “The retirement plan clients of PCG will benefit from the sophisticated analytics and industry benchmarking ERS delivers to Advisors via their dashboard access. By leveraging ERS technology, we can provide our clients a higher level of service, streamline our process and grow our retirement plan business.”