The held-away 401(k) asset market dominated by Pontera got a little more competitive this week with Future Capital’s announcement of the launch of Construct—a new tool designed specifically for growth-focused financial advisors to manage held-away 401(k) assets which they previously were unable to directly manage.
“We developed Construct to deliver flexibility and optionality to advisors who have long struggled with the challenges of managing held-away 401(k) assets.”
Future Capital’s Jay Jumper
Chattanooga, Tenn.-based Future Capital, a tech-enabled registered investment advisor (RIA) specializing in personalized retirement solutions, rebranded from ProNvest in June of 2023.
In a press release detailing the new tool, Future Capital said Construct stands out for its ability to seamlessly combine advanced digital tools, customized managed account solutions, and personalized guidance from advisors into one comprehensive platform. The all-in-one approach equips advisors to confidently navigate the complexities of workplace retirement plans, efficiently managing assets without the burden of cumbersome technology, compliance obligations, or staffing requirements. With Construct, Future Capital said advisors can build custom allocations for their clients’ 401(k) assets and maintain their role as a fiduciary, ensuring that their clients’ best interests are always prioritized.
“We developed Construct to deliver flexibility and optionality to advisors who have long struggled with the challenges of managing held-away 401(k) assets,” said Jay Jumper, founder and CEO of Future Capital. “With our platform, workplace retirement plans are now seamlessly integrated into an advisors’ overall wealth management strategy for a client, enabling advisors to provide truly comprehensive financial advice. Construct offers complete customization and a flexible fee structure, allowing advisors full autonomy to tailor their services.”
Given the median American family holds the majority of their net worth in workplace retirement plan accounts, Future Capital said it is crucial for advisors to have the necessary tools and resources to manage these assets as part of a comprehensive wealth management strategy. Construct gives advisors everything they need to deliver personalized retirement strategies that align with their clients’ holistic financial goals.
“The launch of Construct marks a significant milestone in Future Capital’s mission to revolutionize the convergence of wealth and retirement planning,” said board member Marc Butler. “This platform perfectly embodies Future Capital’s unwavering commitment to equipping advisors with tools and resources to manage all of their client’s wealth in one place.”
Future Capital pointed to recent developments, including its strategic partnership with Money Concepts, the rebrand from ProNvest, and strategic expansion of its team, including new hires to bolster client service and support, as underscoring the company’s continued commitment to providing advisors and investors with innovative solutions that address the evolving needs of the wealth management and retirement landscape while delivering exceptional experiences for advisors and their clients.
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