TeamVest Shifts Advice Focus, Name

May 22, 2001 ( - Online advice provider TeamVest is refocusing its efforts, teaming up with Pyramid Digital Solutions to provide "re-brandable" online advice and education solutions to Pyramid clients.

Reflecting its focus on delivering advice solutions to institutional clients, TeamVest is also changing its name to AdviceFrameworks by TeamVest.

The AdviceFrameworks product will include the ability to rebrand call center and Web site with appropriate plan logos, data and interactive customer service.

Leveraged Links

Pyramid Digital Solutions develops front-end technology for retirement plans and plan providers, notably for SunGard’s OnmiPlus and OmniPlan applications.  Pyramid intends to primarily leverage their PyramidLink, PlanLink and PlanWeb applications in making the AdviceFrameworks product available.  Pyramid announced a similar arrangement with online advice provider mPower in February ( Online Data and Advice Provider Ink Deal ).
Pyramid, which currently services more than 8 million participants, will develop an interface application for the clients it shares with AdviceFrameworks.

AdviceFrameworks also offers AdvisorLive technology that allows users to “virtually” meet with an advisor while online (see Intuit/TeamVest Offer Interactive Financial Planning ) through the AdviceFrameworks call center or through a location directed by its institutional customers.