ALISO VIEJO, Calif., Jan. 25, 2012 — vWise Inc. today announced that Advisors Access™, a turnkey 401(k) service program of BAM Advisor Services, LLC, has made vWise SmartPlan Enterprise an integral part of its participant experience by working with its third-party administrators to make the award-winning interactive-video system available to every sponsor plan in its network.
"Our advisors are always searching for ways to promote plan participation efficiently and affordably. As an Internet-based solution, SmartPlan Enterprise is powerful technology that will help our advisors educate and engage employees at their sponsor companies more effectively. And it's a great way for us to differentiate our offering," remarked Scott Pritchard, Managing Director of Advisors Access.
"Advisors Access is the first advisor group to deploy SmartPlan Enterprise through its TPAs, and we look forward to helping their advisors be more efficient and productive," commented vWise President Tony Mingo.
About SmartPlan Enterprise
Designed to help average investors better understand their retirement plans, SmartPlan Enterprise provides the benefits of a personal financial professional in a website available 24/7/365. By combining a video-based presentation of detailed financial information with an interactive application that prompts users to make informed investment decisions, SmartPlan Enterprise can help increase plan enrollment, raise participant contribution levels, and reduce support costs.
The SmartPlan Enterprise participant environment features a familiar interface that makes it easy to navigate, even for novice users, and allows a participant to go at his or her own pace. Our video hosts offer a brief video overview of 401(k) basics, followed by a discussion of selected features, such as auto-enrollment, matching contributions, and loans. Then, using simple interactive forms, our video hosts then guide participants through a short process, including individual retirement needs and risk profile surveys, and selection of investment types and contribution amounts, that generates a personalized investor profile. The SmartPlan Enterprise system is integrated with a provider's participant database, to deliver a custom experience and allow upload of participant choices.
About Advisors Access™
Advisors Access represents the evolution of 401(k) plans. By returning the investment of retirement assets to professional advisors, Advisors Access frees participants from the burden of constructing and monitoring their own portfolio and provides much-needed fiduciary protection to plan sponsors. The Advisors Access 401(k) program offers four key advantages for plan sponsors and their participants: advisor-managed portfolios; access to the highly regarded institutional mutual funds of Dimensional Fund Advisors; fiduciary liability protection; and, fee transparency. For more information about Advisors Access, visit http://www.advisorsaccess.com. Advisors Access is a service program of BAM Advisor Services, one of the nation's largest Turnkey Asset Management Providers for independent RIAs, with more than $14 billion in assets under administration. Advisors Access was developed, and is managed, by Capital Directions, LLC, an Atlanta-based Registered Investment Advisor with more than $900 million in assets under management. For more information, please visit http://www.bamservices.com and http://www.capdir.com.
About vWise
vWise is a leading developer of rich-media Internet applications based upon its E3 (that's E-Cubed) architecture. Its SmartPlan solutions serve the defined contribution markets with a proprietary mix of video and interactive technologies to help employees better understand complex information and make personalized choices. For more information, visit http://www.vwise.com.
For more information, contact:
Tony Mingo
(949) 716-1270
Email
N. Scott Pritchard
Managing Director, Advisors Access
(877) 772-9917
Email
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