Riskalyze and Vestwell have partnered on a 401(k) plaform called Riskalyze Retirement Solutions.
An end-to-end solution for advisers, it makes it easy for them to propose, onboard and serve 401(k) plans. Advisers can use Risk Number on the platform to ensure that participants’ assets are properly allocated. Riskalyze says it is making the platform available to the advisers it serves at no additional cost.
The platform has the following features:
- Stats: Riskalyze provides advisers with portfolio metrics, including detailed statistical analysis, sector breakdowns, regional heat maps, diversification analysis and more.
- Fee Visibility: Advisers can easily model advisory fee schedules into portfolio analysis.
- Performance Reporting: With one click, advisers can create household performance reports generated by Orion, Black Diamond and FinFolio.
- Advanced Lead Generation: Advisers can create multiple lead generation links and configure them with client-driven account opening capabilities compatible with TD Ameritrade and Trust Company of America.
Aaron Shuman, chief executive officer of Vetswell, adds, “Through our joint platform, Riskalyze advisers will be able to create and manage retirement accounts quickly and painlessly, while meeting all compliance needs.”