Sallus Retirement recently announced a new distribution partnership for its Pooled Employer Plan (PEP) with Independent Financial Partners (IFP), a Tampa, Fla.-based full-service broker-dealer, registered investment advisor, and insurance agency whose financial professionals oversee over $12.1 billion in assets under advisement.
According to a release about the new venture, Berwyn, Pa.-based Sallus Retirement and IFP will continue to grow as strategic partners, working to drive broader retirement plan coverage within the IFP network’s small business client base. As a fully independent fiduciary, Sallus provides oversight of 401k plans and reduces risk to small businesses, free of conflicts of interest.
“At IFP, we work daily to help the financial professionals we serve become the best versions of themselves. Innovation in our product portfolio is a key input to that effort. We are excited to offer the Sallus PEP as an innovative and attainable option for those small business clients currently without a retirement plan,” said Jeff Acheson, Chief Business Development Officer at IFP and well-known financial services industry influencer.
“The Sallus solution fits well into the broader IFP offering as an affordable and easy 401k solution for small businesses and the advisors who serve them”
Lisa Kottler, Sallus Retirement
Sallus is a retirement plan industry disruptor focused on serving the 90% of small businesses whose needs remain largely unmet by current 401k solutions. The Sallus Pooled Employer Plan was built from the ground up specifically for small businesses, allowing them to “pool” together to gain the retirement plan scale of larger companies. Sallus combines behavioral science and technology to create a fully digital 401k solution.
“At the core of both our cultures, we share the same drive to positively disrupt the financial services industry. The Sallus solution fits well into the broader IFP offering as an affordable and easy 401k solution for small businesses and the advisors who serve them,” said Lisa Kottler, Chief Growth Officer at Sallus Retirement and a 30-year retirement industry veteran.
SEE ALSO:
• The Benefits of a Nonqualified Plan Focus: Jeff Acheson
• RBC Wealth Management, Transamerica, FuturePlan Team Up to Offer Pooled 401k
Veteran financial services industry journalist Brian Anderson joined 401(k) Specialist as Managing Editor in January 2019. He has led editorial content for a variety of well-known properties including Insurance Forums, Life Insurance Selling, National Underwriter Life & Health, and Senior Market Advisor. He has always maintained a focus on providing readers with timely, useful information intended to help them build their business.
