What if there were a way to help differentiate your retirement plan practice, reach new clients, scale your business, and gain efficiency? There is a way, and it's through a technology solution that lets you create and manage model portfolios using your own investment strategies across an unlimited number of retirement plans. Advisors gain a powerful way to help drive growth and record keepers gain impactful efficiencies. Here's how it works for you.
Charles Schwab Trust Bank®, a leader in trust and custody services for retirement plans with an open architecture platform and a choice of more than 15,000 investments. We've integrated with Envestnet Retirement Solutions, a technology leader with a model portfolio solution for advisors on plans custodied at Charles Schwab Trust Bank. Our goal? To help you meet the needs of plan sponsors and participants. And as a Schwab Trust Bank client, you benefit from institutional pricing from Envestnet.
With Envestnet, you create your own master-level model portfolios. It's a straightforward process, some would say simple. From your dashboard, create a new model. Choose your benchmark. Specify the rebalance based on a schedule, market tolerance, or both. Select your investments from mutual funds, collective investment trusts, and exchange-traded funds. Create as many models as you want. They're all on your dashboard, and you can scale them across an unlimited number of plans. Individual changes will update your entire book of business.
Simple tools, key analytics, and support for building and managing a mix of portfolios. These can be key to your success. The system tracks expenses, fees, and performance. Plus, you get model fact sheets with performance, holdings and fee information, and you can deduct service fees directly from your models.
Charles Schwab Trust Bank and Envestnet Retirement Solutions, supporting your custom investment strategies and helping you grow and scale. To learn more, contact your Schwab representative or Schwab Retirement Network today.