According to the announcement, FundPOINT Desktop for 529 Plans offers a centralized approach to accessing 56 data points for all 529 plans. Financial advisers can perform real-time, plan-to-plan comparisons; conduct share class suitability analysis and communicate breakpoints to customers; provide point-of-sale disclosure; and instantly calculate all tax advantages, fees and commissions.
The announcement claims the offering is the only 529 Web application that is updated daily at the share class level.
“Broker-dealers have been asking us for an end-to-end solution that simplifies the sales process by managing the complex documentation associated with 529 plans, and helping them better serve their customers by automatically calculating the tax advantages. NewRiver is please to deliver FundPOINT Desktop for 529 Plans to meet this market need,” said Len Driscoll, Chief Client Officer at NewRiver, in the announcement.
More information is at www.newriver.com .
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