ShareBuilder 401k Launches Platform for RIAs

ShareBuilder 401k, provider of 401(k) plans for businesses with one to 250 employees, has introduced a 401(k) offering to be sold through registered investment advisers (RIAs).

RIAs log into the ShareBuilder 401k PRO Web site, type in their client’s information and, in about 30 seconds, they have a proposal they can e-mail to clients or print and provide in person, according to a release from ShareBuilder. The proposal outlines the details and costs for a 401(k) plan, and can include one or more scenarios.

The site also gives RIAs access to tools that allow the RIAs to educate their clients on everything from plans, funds, and services, as well as features such Roth, automatic enrollment, and safe harbor, the company said.

ShareBuilder 401k will host a free Webinar on August 14 at 12 p.m. EST to preview the product. Advisers interested in this event can visit to register. There is no cost for advisers to join the ShareBuilder 401k program.