Your Retirement Plan Partner

We work with select investment advisers to help build their retirement plan practice through innovative consulting and powerful technology.  Our strategic partnership reaches much deeper than a traditional vendor relationship for top-tier client experience that can help set you apart.

Your Retirement Plan Partner

We work with select investment advisers to help build their retirement plan practice through innovative consulting and powerful technology.

Our strategic partnership reaches much deeper than a traditional vendor relationship for top-tier client experience that can help set you apart.

  • Open Architecture
  • Schwab Custodial Services
  • Online Advisor Plan Management
  • Turn-Key TPA & Recordkeeping Services

Investor behavioral studies have concluded that when participants in a 401(k) plan are given too many investment choices, they tend to take no action.

An open architecture 401(k) platform is not about unlimited choices but rather about creating an environment where investment advisors can do their job. It has been our observation that the typical 401(k) plan offers a lineup of traditional mutual funds, target date funds, and in some cases model portfolios. Providing a list of funds and investment choices is nothing more than security selection. If the advisor stops at this point what value have they added? A comprehensive approach consists of two key elements:

Offering a line-up of investment choices doesn’t adequately satisfy the elements needed for successful participant outcomes.

ERISA Partners’ Open401k was built by advisors for advisors. Instead of the typical fund line-up, Open401k offers advisors the platform to manage participant accounts just as they would for any other client. A simplified, open source platform facilitates a participant’s asset allocation decision during the financial planning phase, strengthening the advisor’s position as a value added service to participants and the plan sponsor.

Our Open401k platform takes open architecture to a new level, enabling the advisor to focus on their strength, investment management, financial planning, or both. Advisors with a primary focus on investment management can engage financial planning advisors to assist participants with their retirement and financial planning needs. Our open source platform is structured to accommodate multiple advisors so participants have access to all the resources and expertise they need to plan for a successful retirement.