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Securian Retirement Helps Advisors With Registered Investment Advisor Platforms
ST. PAUL, Minn., Oct. 2 /PRNewswire/ -- Securian Retirement Distributorsis responding to advisors' growing interest in providing services toretirement plans through registered investment advisor (RIA) arrangements.
"Some advisors prefer to structure themselves as registered investmentadvisors and receive advisory fees. In other situations advisors promote thesale of suitable products and are compensated with traditional commissions,"said Vincent Giordano, national sales vice president, Retirement Plans. "Webelieve that advisors and plan sponsors choosing the RIA platform will benefitfrom the flexibility of our program."
Securian's flexible approach means advisors can adapt to the varying needsof their clients. All advisory services and fees are negotiated between theRIA and plan sponsor and paid at the written direction of a plan fiduciary.If the plan directs that fees be withdrawn from plan assets, they can eitherbe included in the contract asset charge or deducted from participantaccounts.
Securian Retirement, a unit of Securian Financial Group, has more than 70years in the retirement market and serves more than 3,000 retirement plansnationwide with nearly $10 billion in assets as of June 30, 2008. Annuitiesand retirement plans are underwritten by Minnesota Life Insurance Co., aSecurian affiliate and one of the most highly-rated life insurers in America.For more information about Securian's fee facilitation services, call877-876-4015.
SOURCE Securian Financial Group
Securian's flexible approach means advisors can adapt to the varying needsof their clients. All advisory services and fees are negotiated between theRIA and plan sponsor and paid at the written direction of a plan fiduciary.If the plan directs that fees be withdrawn from plan assets, they can eitherbe included in the contract asset charge or deducted from participantaccounts.
Securian Retirement, a unit of Securian Financial Group, has more than 70years in the retirement market and serves more than 3,000 retirement plansnationwide with nearly $10 billion in assets as of June 30, 2008. Annuitiesand retirement plans are underwritten by Minnesota Life Insurance Co., aSecurian affiliate and one of the most highly-rated life insurers in America.For more information about Securian's fee facilitation services, call877-876-4015.
SOURCE Securian Financial Group
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