Partnership leverages technology to capitalize on the trillion-dollar IRA market
IRALOGIX, a leading cloud-based technology recordkeeper announced it has chosen ProNvest, a national provider of customized participant managed accounts to design a turn-key 3(38) IRA rollover solution for financial institutions to offer to their retirement clients.
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Under the partnership, IRALogix will incorporate into their platform ProNvest’s full suite of participant based fiduciary solutions including customized and personalized investment models, enrollment support, retirement education and financial wellness assistance for clients to access.
IRALogix will deliver account holders full participant support including access to their dedicated retirement plan counselors and a suite of planning tools. Both firms will continue acting as referral partners, helping financial advisors grow their business organically by unlocking and capitalizing on held-away assets.
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“We are honored to be chosen by IRALogix as a managed account provider and are confident that our retirement planning technology, high-touch participant service model and professional investment management solutions will continue to help their IRA clients save for a secure and dignified retirement.” said Ross Brown, Vice President of Business Development at ProNvest.
“IRALOGIX was designed for financial firms to provide institutional solutions to their customers using an IRA to save for retirement, regardless of account balances,” says Pete Littlejohn, Chief Revenue Officer, at IRALOGIX. “We are delighted to be working with ProNvest and their clients, as their dedication and efforts on their client’s behalf, is second to none. Their customer first mantra makes this a perfect fit between our firms. Doing the right thing by helping everyone achieve their retirement goals, regardless of account sizes, makes our relationship with ProNvest very synergistic.”
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