Ascensus Adds ETFs to Fee-based Adviser Platforms

May 7, 2009 ( - Ascensus, recordkeeper and administrator for retirement plans in the micro- to large-market segments, has enhanced its PrudentAdvisor and PrudentLink fee-based adviser retirement plan solutions with the addition of exchange traded funds (ETFs).

According to a press release, with the Ascensus offering ETFs are available to plans of all sizes and can be offered in conjunction with a selection of mutual funds.

Ascensus also said its trade platform aggregates and nets trades before going to market.

“This investment in an ETF solution reinforces Ascensus’ commitment to meeting the unique needs of fee-based advisers and their plan sponsor clients who depend on their expertise,” said Mike Narkoff, Senior Vice President, Sales, in the announcement.

Prudent Advisor provides fee-based financial advisers with a bundled retirement plan solution that supports full fee disclosure and unbiased recommendations. A feature of Prudent Advisor , Prudent Link makes it possible for financial advisers to combine their strengths with local TPA relationships.

More information is at .