401(k) Producer Services Attracts 200th Firm to Its Advisor Family Asset Consulting Group Expands Business With Robust Back-Office Platform

SOURCE:

Magnus & Co

2008-04-01 02:00:00

401(k) Producer Services Attracts 200th Firm to Its Advisor Family

Asset Consulting Group Expands Business With Robust Back-Office Platform

ALISO VIEJO, CA–( EMWNews – March 31, 2008) – 401(k) Producer Services, an affiliate of

401(k) Advisors, one of the largest, independent retirement plan consulting

firms in America, with $32 billion in collective assets under advisement,

announces today that it has reached a milestone in its growth as the 200th

advisor firm joins its organization, the Asset Consulting Group of Boise,

Idaho.

401(k) Producer Services offers retirement plan consultants, brokers and

advisors private access to a robust technology-driven platform packed with

specialized tools to support retirement plans, plan sponsors and

participants. In effect, it is a complete back-office service that includes

comprehensive investment research and analysis, RFP/benchmarking and fee

analysis, employee education and communication, and compliance

documentation and support.

Mr. Gary Barton, president of the Asset Consulting Group, explains, “We

studied 401(k) Producer Services’ program carefully, and determined the

tool set is substantially better than any available on the market. Plus, it

integrates seamlessly into an investment policy statement. After only a

month on the platform, we competed for the right to serve a large prospect

with a $60 million plan. We won. What separated us from others was the new

relationship with 401(k) Producer Services.”

With the 401(k) Producer Services platform, users are able to locally brand

retirement plan consulting solutions without investment in the costly

infrastructure to support such services. Reports and templates are quickly

customizable with individual firm logos and contact information, all of

which are archived in a password-protected web portal. Prospect

presentations, client newsletters and sample employee memos further save

advisors time and money, as well as standardize delivery of products.

About Asset Consulting Group

Founded in 1993, Asset Consulting Group specializes in the management of

401(k) plans for sponsors in the northwest region of the United States,

with emphasis on plans in the $1 million to $25 million market. Mr. Barton

is an Accredited Investment Fiduciary™, past president of the National

Institute of Pension Administrators. He and his team currently manage $150

million in assets under advisement.

About 401(k) Producer Services

Founded in 2004, 401(k) Producer Services enables its clients to build

revenue, and net worth of their businesses. Advisor members maintain

offices in 45 states across the country. For more information:

www.401kproducerservices.com.

401(k) Producer Services

120 Vantis, Suite 400 * Aliso Viejo, CA 92656 * Main 949.460.9898 * Fax

949.460.9893

Contact:
Carolyn Smith
Magnus & Co.
626.695.9630
744.0711
carolyn@magnusco.com

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