A RolloverSystems news release said that move was significant in its continuing expansion of adviser products and services.
According to the announcement, advisers can take advantage of automated participant communications and a self-service transaction platform that includes a choice of Rollover IRA products. By pre-populating participant data and combining IRA account opening and benefit election in one place, the RolloverSystems Professional Network streamlines the rollover process and reduces the administrative burden on all concerned, the press release said.
“Our research shows that financial advisers are increasingly selling and servicing 401(k) plans,” said Lisa Pickrum, RolloverSystems CEO, in the news release.
AllianceBernstein’s Rollover IRA offers investment choices from AllianceBernstein mutual funds covering the spectrum of asset classes, the announcement said.
More information about RolloverSystems is at www.rolloversystems.com.