Compliance Solutions

Solving Your Retirement Plan Compliance Challenges with an All-in-One Platform & Unlimited Consulting
Agreements, model forms, disclosures, policies & procedures and training materials

Delivering banks, broker-dealers and RIAs a configurable compliance framework, coupled with unlimited consulting, to implement and maintain profitable strategies for serving retirement investors.


REVIEWING BUSINESS MODEL FOR CONFLICTS TO PROTECT YOUR FIRM

The core of retirement compliance is finding and addressing conflicts in your business model.  Using our innovative platform, PRI helps member firms identify:

  • Prohibited transactions (PTs) under ERISA and the Internal Revenue Code
  • Paths to remediate PTs, including leveraging Prohibited Transaction Exemptions (PTEs)
  • Technical guidance and training to ensure compliance

CONFIGURING AGREEMENTS, DISCLOSURES AND COMPLIANCE POLICIES

The value your firm provides to is determined by the nature, scope and frequency of services.  This is why PRI created easy-to-configure agreements with more than 20 available services to deliver to retirement plans and participants.  We help firms get credit for the services their advisors are delivering, enabling them to earn and retain more business.

There is no limit to the number of agreements we can configure, allowing you to serve a wide range of plans without incurring additional cost.
Once the agreements are configured, we help our members develop:

  • 408(b)(2) disclosures
  • More complete description of plan services in Form ADV Part 2A
  • Retirement plan policies & procedures tailored to your services

Using our innovative platform, the process can take less than an hour.  Our model forms are updated regularly based upon new rules, regulations and interpretations.


CUSTOMIZABLE PLATFORM WITH TRAINING & CLIENT-FACING RESOURCES

Customize your firm’s version of the platform to deliver targeted training and practice management resources to your advisors to help them serve clients in a more competitive and compliance fashion.

Grant access based on expertise:

  • Specialist advisors
  • Emerging & aspiring advisors
  • Supervisors

Robust library of advisor & client-facing resources including:

  • Guides, worksheets & job aids
  • Videos & client-ready presentations
  • Exams to test advisors’ proficiency

Additionally, PRI will develop and deliver web-based custom training for member firms up to 2 times per year, at no additional cost.


KEEPING YOU INFORMED ON NEW LAWS, REGULATIONS AND BEST PRACTICES

With PRI team members at-the-ready to answer questions, we monitor changes in laws and regulations impacting your business, including DOL regulations and SEC Regulation Best Interest.

  • Member Roundtables
  • Member Focus Groups
  • E-mail updates

PRI complements these communications with unlimited consulting for compliance and strategic questions at no additional cost, enabling member firms to manage their risk and competitiveness without added expense.


PROMOTING COMPLIANCE FOR IRA ROLLOVERS

For most firm, rollovers from qualified plans are an important part of the business.  The SEC, DOL, and FINRA have identified rollover transactions as requiring scrutiny and they are stepping up enforcement and proposing new regulations.

Recently updated for SEC Regulation Best Interest, PRI offers a comprehensive suite of resources designed to promote compliance across regulators.

  • Advisor guide & job aids
  • Participant attestations
  • Compliance policies
  • Training & case studies


For More Information

For more information about PRI’s services, or to schedule a demo, please contact us.

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