Our strategic business alliances provide you the ability to customize your plan to support your business strategy. In addition to our retirement plan consulting and administration services, P&A offers a full range of financial service capabilities through a network of strategic business alliances. This “open architecture” gives our clients the flexibility to design a customized investment strategy from the best talent in investment advisory services, asset custody, trustee services, and investment architecture.
Investment Advisory Services
P&A Principals have a solid working knowledge of retirement plan investment concepts, but we are not licensed to give investment advice. Our independence and flexibility allow us to work with your choice of investment advisors. If you don’t have one, we can make a referral to independent Registered Investment Advisors (RIAs) and Brokers through our business alliances.
Asset Custody and Trustee Services
We are not a plan trustee or custodian of assets, but we do have strategic business alliances with financial institutions that specialize in this business. Again, this means we can work with any self-trustee plan or financial institution. And we’ll help you determine the best organizations based on your plan design and objectives.
P&A has electronic linkage capability with a number of different institutions, such as Charles Schwab Trust Company and TD Ameritrade Trust Company. We believe these organizations provide our clients with the broadest access to investment choices, while offering competitive revenue sharing arrangements to reduce plan administration costs.
Open Investment Architecture
Through our alliances, P&A can offer virtually any mutual fund available in the U.S. financial markets, as well as other investments such as money markets, GICs, commingled trusts, and separately managed accounts.
These alliance partners can also collect available revenue sharing monies on behalf of the plan, meaning costs can be offset through plan administration and consulting services.
P&A will help you design a totally custom financial services environment for your employees. Through our network of business alliances, you can be assured you will receive the highest quality financial and investment services available, while taking advantage of reasonable administration fees through our offset and revenue sharing arrangements.