Orion, Pontera Grow Partnership for Retirement Account Automation
Orion and Pontera are expanding their partnership to automate, rebalance, and report on 401(k)s, 403(b)s, and other workplace plans.
The changes will be made within the Orion Eclipse trading and rebalancing platform. The expansion could help firms “incorporate more of the household into a single workflow, improving coordination today while creating greater flexibility for future innovation,” as advisors will be able to add a strategy across multiple portfolios, the two firms stated in a press release.
“Retirement accounts are often a client’s largest assets, yet they’ve historically been cumbersome to manage and difficult to incorporate into an enterprise-wide portfolio,” said Dave Goldman, chief business officer at Pontera. “Pontera has flipped that script, allowing firms to incorporate these assets into tax-aware household strategies and rebalance at scale, supporting broader investment strategies.”
With Orion Eclipse, held-away retirement accounts are embedded into a shared workflow for advisors and centralized trading teams, therefore creating a single view of the portfolio.
Among its major feature enhancements include comprehensive plan-level information, including the fund lineup, fund-level details and changes, and plan restrictions as “restricted plans” within Orion Eclipse. Other changes include integrating held-away accounts into client and household investment strategies; the ability for advisors to rebalance across portfolios and submit through Pontera; and the ability to gain full visibility into orders from submission to completion, with email confirmations, status tracking, and guided error resolution.
“Advisors want to deliver advice that reflects the full household, not just the assets they can easily see,” said Reed Colley, president of Orion Advisor Technology. “By bringing held-away retirement accounts into Eclipse workflows, this integration gives advisory teams better context to rebalance more efficiently and serve clients with greater confidence. It also expands the trusted, permissioned household data within Orion, strengthening the foundation for more intelligent, connected workflows over time.”
Pontera aims at helping advisors manage, balance, and report on clients’ assets in 401(k)s, 403(b)s, and other workplace-sponsored accounts, while Orion, a wealthtech platform, uses artificial intelligence (AI) technology for solutions spanning portfolio management, planning, CRM, reporting, and an open-integration ecosystem. Orion services $5.8 trillion in assets under administration (AUA) and $133 billion on wealth management platform assets.
Amanda Umpierrez is the Managing Editor of 401(k) Specialist magazine. She is a financial services reporter with nearly a decade of experience and a passion for telling stories and reporting news. She is originally from Queens, New York, but now resides in Denver, Colorado.