Resources Investment Advisors has partnered with NextCapital to expand the reach of its proprietary advice solution, Personalized Portfolios.
Resources continues to make Personalized Portfolios available across multiple recordkeeping platforms. Through NextCapital, Personalized Portfolios is available at two recordkeepers, with a third to soon follow.
Resources, in conjunction with NextCapital, successfully completed a $400 million bulk conversion into the Personalized Portfolios program in March.
“We are very excited to partner with a digital advice leader like NextCapital to bring Personalized Portfolios to multiple new recordkeepers,” says Vince Morris, president of Resources. “We are confident that by leveraging NextCapital’s state-of-the-art technology platform and recordkeeper integrations to deploy our advice, this solution will bring participants the peace of mind that comes with a well-planned retirement.”
NextCapital co-founder and CEO John Patterson adds: “We are thrilled to partner with Resources to help them more scalably deliver personalized retirement advice to their plan participants. With over 90% of all plan sponsors working with an adviser, it is clear how critical they are to the retirement ecosystem and to helping participants achieve successful outcomes in retirement.”