Create Efficiency and Scale in 2019 with Retirement Advisors Edge (RAE)Submitted by GRP Advisor Alliance on January 30th, 2019
So it’s the beginning of 2019, you’ve had your New Year’s sales meeting and you’ve sharpened your arrows. Now it’s time to go out and win some new plans, right? We at GRP are ready to help. In 2018, we rolled out a new program called Retirement Advisors Edge (RAE) to help you achieve your maximum potential and make this year yours.
RAE was rolled out late last year to help you, the advisor, run a more efficient practice by simplifying your responsibilities through exclusive, best in class retirement plan solutions. Currently, you are running each plan separately through various recordkeepers to perform your fiduciary responsibility. With RAE, your GRPAA consultant collects only 19 plan data points. We then take the process from there and run the plan through our 5 RAE partners: Alliance Benefit Group (ABG), Ascensus, Empower, Pentegra and Voya. Within 5 business days, you will receive completed RFPs from each of the recordkeepers on an easy to understand spreadsheet. You then decide which platform is the best fit for the plan.
RAE helps you scale your business by consolidating your smaller plans onto a few recordkeeping platforms making your book of business more efficient and providing you more time to focus on winning larger plans. Within the RAE program GRPF acts as the 3(38) providing diversified fund line ups covering most Morningstar style boxes and giving you the choice between active or passive target date management. Each line up has been created by an investment committee led by Daren Alcantar, who has over 12 years of experience in the industry. GRPF does all investment monitoring, plan reporting and necessary fund changes creating more time for you to go out and win new business.
Retirement Advisors Edge benefits participants with the same best in class funds and Foundational Retirement Solutions CITs normally only available to larger plans, but at reduced prices.
Please reach out to your dedicated GRPAA Sales Consultant to explore the RAE’s potential in your office.