ExpertPlan Upgrades First Allied Retirement Services' Recordkeeping System

EAST WINDSOR, N.J., Jan. 4, 2012 /PRNewswire/ -- ExpertPlan, the leading provider of private label recordkeeping plan services, announced today its newest institutional partner, First Allied Retirement Services.

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The alliance now enables the Walnut Creek, CA, dedicated third-party administrator (TPA) to upgrade its existing recordkeeping system with a fully branded and robust open architecture system, complete with full third-party administrative tools and functionality. First Allied Retirement Services supports the nearly 850 financial advisors affiliated with First Allied Securities, Inc., a leading independent broker/dealer.

In addition, First Allied's in-house asset management team, acting as an ERISA 3(38) Fiduciary, continues to offer their national network of advisors and their retirement-plan clients fully discretionary-based custom portfolios.

The partnership began this past summer with a block conversion of First Allied Retirement Services' existing qualified plan business. "ExpertPlan's ability to successfully help us convert a large retirement book of business within an aggressive timetable easily confirmed our decision to partner with an experienced leader of outsourced recordkeeping services," said Guy Hocker, President of First Allied Retirement Services.

First Allied has begun rolling out the newly enhanced retirement program to their affiliated independent financial advisors who quickly praised their in-house TPA for helping them respond quicker to retirement plan opportunities through the ease of ExpertPlan's on-demand proposal generation system. "ExpertPlan is pleased to have been selected by First Allied and the confidence they have placed in us to provide recordkeeping services for their valued clients," stated Ross Brown, ExpertPlan's Senior Vice President of Sales and Relationship Management.

About ExpertPlan

ExpertPlan Inc., headquartered outside of Princeton, New Jersey, is the premier provider of private-labeled recordkeeping solutions to asset management firms, TPAs, RIAs, broker/dealers, insurance companies, CPAs, payroll companies, accountants and banks that serve 401(k) and other defined contribution plans. The firm's scalable recordkeeping solution can be customized to fully integrate with a client's business and distribution models. For more information about ExpertPlan, visit www.ExpertPlan.com.

About First Allied Retirement Services

First Allied Retirement Services (FARS) offers world-class services and industry-leading products and strategies to companies seeking professional help with employee benefit administration. FARS serves large and small companies nationwide and is one of the largest employee benefit consulting firms in California. Whether a sole proprietor in need of a Defined Benefit plan or a corporation looking to offer employees 401(k) or Cafeteria plans, we have the expertise to help business owners and leaders choose the ideal solution for their companies and employees. FARS welcomes clients of all sizes and business types and provides a full range of services, including services for plans under audit by either the Internal Revenue Service (IRS) or the U.S. Department of Labor. Plans administered include: 401(k); profit-sharing; defined benefit/cash balance plans; Cafeteria 125; COBRA; and specialty plan types such as 457, 403(b), money purchase, target benefit, age-weighted and Davis Bacon. For more information, visit www.firstalliedretirementservices.com.

SOURCE ExpertPlan, Inc.