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WMSI and InvestLink Technologies: "Get Connected"
Wealth Management Systems Inc. forms a strategic alliance with Investlink Technologies to provide rollover services.
Franklin Lakes, NJ (February 2006)
- Wealth Management Systems Inc., the leading provider of technology-based rollover products and services, announced today that they have formed a strategic alliance with InvestLink Technologies to provide rollover services.
Through the alliance, WMSI will integrate its Rollover Solutions Network platform with InvestLink’s web-based recordkeeping platform to provide InvestLink’s clients, servicing over 20,000 retirement plans, with direct access to rollover services. The alliance will provide mandatory rollover solutions as well as participant directed rollover services and a choice of leading IRA Providers including: Ameritrade, American Century Investments, E*TRADE Securities, Fidelity Investments, Hueler’s Income Solutions, Merrill Lynch and T. Rowe Price.
Expanding Distribution Services
“WMSI’s Rollover Solutions Network eliminates the processing complexities of rollovers, making it feasible and cost effective for our clients to offer rollover services at the plan level – where participants are seeking information and making critical distribution decisions,” said Tim Slavin, CEO of InvestLink. “RSN is also a configurable service offering that will enable our clients to support their alliance partners with asset retention and IRA acquisition initiatives. This fits our business strategy perfectly of continuing to offer more value added technology alliances for our clients.”
“We are very excited about our alliance with InvestLink, an organization that values technology solutions as much as we do, “ said Tom Loch, President & Founder of WMSI. “The continued expansion of our Network enables industry experts like InvestLink to provide cost effective rollover solutions to all clients – large and small – and to deliver meaningful information to participants right when they need it the most.”
A key factor in WMSI’s success is their ability to analyze participant data, and working with their partners, to institute marketing campaigns designed to educate participants on their distribution options and raise awareness of the rollover services available to them.
About InvestLink
InvestLink (
www.invlink.com
) provides software that delivers web-based administration, recordkeeping, compliance, and other retirement based services to the defined contribution marketplace. InvestLink has over 50 clients, who administer over 20,000 defined contribution retirement plans. Contact Tim Slavin at InvestLink at 1-888-507-LINK (5465) or tim@invlink.com.
About Wealth Management Systems Inc.
Additional information about WMSI is available at
www.wealthmsi.com
. Financial services are provided through WMSI Securities LLC, a wholly owned subsidiary of WMSI and member
FINRA
/SIPC.
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