RSI In The News
RolloverSystems Enhances Access to Services With Senior-Level Appointments, Creation of New Web Portals.
RolloverSystems, LLC. (RSI) today announced several moves to provide enhanced rollover asset retention solutions and participant retirement readiness tools to plan sponsors, institutional providers, third party administrators (TPAs), advisors and participants.
Retirement plan participants who rollover a retirement account to RolloverSystems will only pay $24 annually for personalized investment support from licensed retirement counselors, access to FundFinderTM, and account administration – all part of the RolloverSystems standard service for IRA accounts.
"There’s a steadily-growing awareness among plan sponsors that handling terminated participants is a critical way for them to address plan risk and cost," said RSI President & CEO Spencer Williams. "At the same time, service providers and advisors are recognizing rollover management as a significant reservoir of untapped new business. We’re uniquely poised to help all players, most importantly the plan participant."
RSI will build customized service models for providers and broker-dealers who are seeking an advisor-centric product solution to retain assets while helping terminated participants in transition. The new offering will fall under the management of Jim Langenwalter, RSI’s new Chief Business Development Officer. Langenwalter will concentrate on emerging opportunities in the plan provider and national broker-dealer market.
To lead TPA and advisor sales, RSI has appointed Russ Winchester as the Chief Sales Officer. Winchester has more than 20 years of experience in retirement sales, including 401(k), 403(b), non-qualified plans, channel management, wholesaling and direct sales experience. He has played key roles in the retirement services divisions of MassMutual, Guardian Life and Lincoln National Corporation. Most recently, he was vice president of national distribution and TPA sales for American United Life/OneAmerica Securities, where he was head of sales strategy for 400 third party distribution firms and 85 TPAs.
Winchester will lead a team of internal and external sales specialists, and will play a pivotal role in the execution and deployment of RSI's strategic plan.
RSI has also redesigned its website by creating two audience-specific web portals. The first portal enables plan sponsors, TPAs, institutional providers and advisors to learn about RSI services, and enlist RSI’s help in establishing automatic and/or voluntary rollover programs, terminating plans and locating missing participants, among other services.
The second portal enables participants to more easily learn about their rollover options and obtain educational materials, personalized and objective advice, and transaction facilitation.
About RolloverSystems, LLC.
Charlotte-based RolloverSystems, LLC. (RSI) is an independent provider of rollover services for retirement plan sponsors, third party administrators, advisors and their terminated plan participants. RSI specializes in helping retirement plan sponsors provide retirement support to participants providing education on retirement options, access to an independent array of rollover options from leading marketplace IRA providers, and assistance with rollover, transfer or distribution processes through its Retirement Center. All terminated participants in a plan – regardless of account balance – receive this high-level of support, a service that is especially valuable to participants who otherwise would not have access to professional guidance.