Advent Software Adds Teamvest Retirement Plan Services To Its Alliance Partner Program.Business Editors/High Tech Writers CHARLOTTE, N.C.--(BUSINESS WIRE)--May 3, 2001 TeamVest Retirement Plan Services, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (TeamVest RPS rps abbr. revolutions per second ), a leading provider of 401(k) solutions and defined contribution plan Defined contribution plan A pension plan whose sponsor is responsible only for making specified contributions into the plan on behalf of qualifying participants. Related: Defined benefit plan outsourcing, announces it will offer a defined contribution product to Advent Software, Inc. clients, designed to help investment managers increase their assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. by enhancing their service offerings. TeamVest RPS and Advent, the leading provider of Enterprise Investment Management software, are partners in the Advent Alliance Program, which delivers a wide range of products and services to Advent's 6,500 investment management clients through strategic partnerships with the industry's leading software and services firms. TeamVest RPS is the first Advent Alliance Partner to offer 401(k) retirement plan service outsourcing. TeamVest RPS defined contribution plan services allow investment advisors to offer a turnkey solution for 401(k) recordkeeping, administration, sub-advisory investment management, and participant education. Through the alliance, clients of Advent Software can easily leverage TeamVest RPS outsourcing to integrate a 401(k) product into their array of services. "Our TeamVantage(TM) product line-up delivers everything Advent's clients need to provide quality defined contribution services. From flexible investment platforms and recordkeeping capabilities to brandable marketing tools and technology templates, we allow financial advisors to easily and effectively create a competitive retirement product of their own," explains John Stilley, president of TeamVest RPS. "Through the Advent Alliance Program we are able to consistently offer our clients a wide range of products and services that enhance our core applications and help them streamline their operations. Our work with TeamVest RPS is another example of the commitment we have to offering our clients the most comprehensive software and services to enable them to grow their business," said Collin Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , Executive Vice President, Corporate and New Business Development. In addition to recordkeeping/administration services, investment managers using TeamVest RPS' defined contribution solution can seek bundled or unbundled services that include optional sub-advisory investment management service. The turnkey sub-advisory service provides full back-office investment research and documentation/reporting in a manner that can be private-labeled. About TeamVest Retirement Plan Services TeamVest Retirement Plan Services, LLC (TeamVest RPS) is a leading provider of bundled and unbundled defined contribution plan administration, recordkeeping, and investment management. TeamVest RPS enables financial professionals to offer clients comprehensive defined contribution service featuring a vast selection of mutual funds, flexible investment management options, customized plan communication resources and participant educational tools, including call center, voice-response and web access systems, and individualized in·di·vid·u·al·ize tr.v. in·di·vid·u·al·ized, in·di·vid·u·al·iz·ing, in·di·vid·u·al·iz·es 1. To give individuality to. 2. To consider or treat individually; particularize. 3. participant investment "Game Plans." TeamVest RPS uses Advent's software and one of the nation's leading daily valuation recordkeeping technologies. TeamVest RPS specializes in providing services to plans with over $2 million in assets. The company currently services more than 400 plans, over 50,000 participants and has total assets in excess of $1.2 billion. TeamVest RPS, a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , is based in Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation). Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States. and can be reached at 704-944-7400 or www.teamvestrps.com. About Advent Software Advent Software, Inc. is the leading provider of Enterprise Investment Management solutions. The company provides a suite of complementary products for the front, middle and back offices of investment management organizations. The company's common stock is traded on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on National Market under the symbol ADVS ADVS Automatisiertes Datenverarbeitungssystem ADVS Assistant Director Veterinary Service . |
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