Teamvest 401(k) Services to be Available to Advent Clients

May 3, 2001 ( - TeamVest Retirement Plan Services (RPS), a 401(k) and defined contribution outsourcing provider, is set to offer a Defined Contribution product to Advent Software clients.

TeamVest RPS and Advent, provider of Enterprise Investment Management software, are partners in the Advent Alliance Program, which delivers products and services to Advent’s clients through deals with software and services firms.

The defined contribution plan services allow investment advisors to offer:

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  • 401(k) recordkeeping
  • administration
  • sub-advisory investment management
  • participant education.

In addition, investment managers using TeamVest RPS’ defined contribution package can seek bundled or unbundled services that include optional sub-advisory investment management services.

The turnkey sub-advisory service provides full back-office investment research and reporting in a manner that can be private-labeled.