Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Products November 25, 2013
Paychex Adds ModelxChange Portfolios to Platform
November 25, 2013 (PLANSPONSOR.com) - Paychex Inc. added Mid Atlantic Trust Company’s ModelxChange Web-based model portfolios to its recordkeeping platform.
Reported by PLANSPONSOR staff
ModelxChange lets financial advisers choose from a suite of preselected portfolios from various money management firms and is meant to simplify coordinating with recordkeepers to efficiently manage an investment model.
According to a dual release from the firms, the addition of the ModelxChange portfolio to the Paychex platform will give clients a simplified model that is easy to use but still allows sophisticated investment management.
For more information about Paychex retirement services and the ModelxChange portfolios, visit http://www.paychex.com/advisors/.You Might Also Like:
The Standard Hires VP for Retirement Plans Business
Insurance industry veteran Jessica Krpan was hired to the new role to grow the Standard’s retirement offerings in the U.S.
Voya Merges Health, Wealth Under One Leader
Voya’s Rob Grubka will oversee benefits and savings to more firmly tie together health, retirement and wealth management.
Why Cybersecurity for Retirement Plans Is More Important Than Ever
Plan sponsors need to ensure retirement plan participants are safe from escalating attacks by hackers that go after their savings,...