Partnership Integrates Equity Compensation and Retirement Plan Management

Global Shares, a provider of stock plan administration recordkeeping services, software-as-a-service (SaaS) and financial reporting tools, has teamed up with Fidelity Investments multinational financial services corporation.

Clients of Global Shares’ new equity compensation management platform will now be able to work with Fidelity to provide participant servicing and brokerage solutions. This agreement will help transform the participant experience and extend the opportunity for integration with retirement plan services to more companies.

Fidelity Investments and Global Shares will start engaging with prospects and clients immediately, to begin taking plans live in the spring of 2017.

“Company stock plans are becoming an increasingly popular employee benefit, and many clients are looking for ways to seamlessly integrate their stock plan administration with the management of their retirement plan and other benefits on the company’s platform,” says Kevin Barry, executive vice president, Stock Plan Services at Fidelity Investments. “We’re pleased to be teaming with Global Shares and look forward to leveraging their technology, platform and industry expertise to deliver an outstanding experience to our global clients.”

Equity compensation plans can be a vital part of employees’ long-term financial planning, including retirement planning.