For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Products July 7, 2006
Tool Allows Advisors to Capture New Business
July 7, 2006 (PLANSPONSOR.com) - Financial planning
software provider Perspective Partners, LLC announced a new
application suite developed to increase sales opportunities
by identifying non-401(k) product needs using plan
participant gap reports.
Reported by Rebecca Moore
According to the announcement, TANDM-401(k) mines recordkeeping data and reports participants who may need other products and services such as rollovers, managed 401(k) accounts and various insurance products.
David Snyder, CEO for Perspective Partners, said in the announcement, “401(k) plans offer significant data mining potential to increase the bottom-line. Our reports motivate participants to take action within the plan and they make it easy for advisors to capture rollovers and other opportunities outside the plan.”
More information can be found here .