Kestra Financial, in partnership with Envestnet Retirement Solutions, has announced the launch of an integrated platform designed to enhance and advance retirement plan engagements at no additional cost to financial professionals.
According to the May 9 announcement, Retirement Plan Enterprise (RPE) provides a comprehensive retirement plan practice management platform through single sign-on capability within Kestra Financial’s proprietary technology platform. The platform includes the following as part of its suite of retirement plan tools:
- Plan Management Dashboard: Designed to help financial professionals set and manage business retention and goals, the dashboard provides aggregate views of plans, AUM and scorecards, among other metrics. It also assists with asset and trend monitoring by fund and recordkeeper.
- Investment Analytics, Fund Research and Monitoring Reports: Financial professionals will have the ability to analyze and compare existing funds with recommended lineups, provide access to RPE’s proprietary analytics module, scoring criteria and weightings, as well as generate self-branded reports.
- RFP and Vendor Search Tools: The program is built to automate, streamline, customize and effectively manage the proposal and search process, as well as help financial professionals monitor, track and compare vendor responses.
In addition, the platform is tailored to both financial professionals’ and plan sponsors’ needs, and provides the flexibility to account for evolving regulatory requirements and fiduciary standards.
“This platform is intuitive, innovative and adaptable,” said Taylor Hammons, Head of Retirement Plans. “Whether financial professionals are looking for resources to service their existing retirement plan clients or to help them acquire new retirement plan business, it’s the ideal solution for financial professionals focused on this line of business.”