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Deals and People December 4, 2015
United Retirement Plan Consultants Adds VMS Recordkeeping
VMS' platform allows TPAs to offer integrated solutions.
Reported by Jill Cornfield
United Retirement Plan Consultants has partnered with Vertical Management Systems, a data and tech provider, to provide complete recordkeeping solutions through the VMS Retirement Revolution platform.
The VMS retirement platform combines features of brokerage, trust and custody accounting systems in a single product. The platform’s modern and flexible technology enables third-party administrators (TPAs) to deliver integrated solutions.
According to John Davis, president and chief executive of United Retirement Plan Consultants, the collaboration allows the TPA to bring financial intermediaries and their clients a fully integrated and optimal retirement plan solution that can be customized to client goals.
Bob Ward, VMS chief revenue officer, cites United Retirement Plan Consultants’ national network of local experts and scope of TPA services as well aligned with VMS’ mission to deliver cost-effective and feature-rich retirement tech to the retirement industry.