BenefitStreet Matching Up TPAs and RIAs With New Product

June 11, 2003 ( - BenefitStreet's Marketing Alliance Program has rolled out a new program that matches Third Party Administrators (TPA) with Registered Investment Advisors (RIA) so that the partnership may offer investment management and administrative services to plan sponsors.

The new program offers TPAs andRIAs an avenue to compete with the expanding groups of firms that are offering bundled retirement planning solutions.   It allows this by marrying the TPA’s ability to perform the administration functions for retirement plans with an independent advisor looking over the investments, according to a news release.

Further, the technology platform on which the product is based offers additional retirement plan administration processes, includingprospecting, high volume conversion, enrollment, performance and tax reporting. 

More information can be obtained through Luis Doffo, vice president for alliancesat BenefitStreet at 925-328-4549 or