Industry leading wealth management platform, Kestra Financial, announced the launch of Retirement Plan Enterprise (RPE) in partnership with Envestnet Retirement Solutions.
Designed to elevate retirement plan solutions, RPE provides a comprehensive retirement plan practice management platform through single sign-on capability within Kestra Financial’s proprietary technology platform, at no additional cost to associated financial professionals.
“At Kestra Financial, we are fervently committed to supporting our financial professionals and their retirement plan clients with best-in-class technology,” said Taylor Hammons, Head of Retirement Plans.
Among its many features, the intuitive 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 key metrics. The dashboard also assists financial professionals with asset and trend monitoring by fund and record keeper.
- Investment Analytics, Fund Research and Monitoring Reports: The platform will offer financial professionals 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, including market commentary, asset allocation, plan-level performance, fund monitoring, due diligence, fee benchmarking, and more.
- RFP and Vendor Search Tools: The program is built to automate, streamline, customize, and effectively manage the proposal and search process. Additionally, its features will help financial professionals monitor, track, review, and compare vendor responses.
“This platform is intuitive, innovative, and adaptable,” said Hammons. “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.”
The platform is tailored to both financial professional and plan sponsor needs, and provides the flexibility to account for evolving regulatory requirements and fiduciary standards, designed to ensure the financial professional’s recommendations are in the client’s best interest.