National Retirement Partners (NRP) Selects RolloverSystems for Program to Automate Rollovers, Retain Plan Assets

Capistrano Beach, CA

Nation’s largest network of financial advisors who service retirement plans takes step to implement comprehensive rollover strategy.

National Retirement Partners, Inc., the nation’s largest network of independent retirement plan focused advisors with more than 3,000 retirement plans and assets in excess of $24 billion, announced today that it has selected RolloverSystems platform as part of its comprehensive asset retention and rollover strategy.

NRP has launched the program with 5 of their Member Firms. “We are very encouraged with the early results. NRP conducted a very thorough review of potential partners for this initiative and RolloverSystems clearly demonstrated superior know-how with regards to assisting terminated participants through the rollover process,” said Bob Francis, Chief Operating Officer at NRP.

“Comprehensive does not have to be complicated,” Francis stated. “RolloverSystems’ platform is unencumbered with legacy processes inherent with defined contribution providers. They also have a robust support system in place for advisors and participants, another critical factor in our decision to work with RolloverSystems.”

NRP advisors will have the ability to customize a segmentation strategy based on a number of factors, including the amount of the rollover. By pre-populating participant data and combining IRA account opening and benefit election in one place, the RolloverSystems Platform streamlines the rollover process and reduces the administrative burden on all concerned.

“We pride ourselves on being uniquely capable of meeting the needs of financial advisors as key stakeholders in the rollover process,” said Lisa Pickrum, RolloverSystems CEO. “As a nationwide network of retirement plan focused advisors, NRP’s selection of our platform to function as the engine behind their rollover strategy underscores this achievement.”

“The program with RolloverSystems is significant in our continuing expansion of advisor products and services,” said NRP president and CEO Bill Chetney. “Their focus on support and service is synonymous with our philosophy and the RolloverSystems platform insures that our member firm advisors and their retirement plan participants have a streamlined process in place. We look forward to rolling this out to all NRP Member Firms.”

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development