Caspio, RetireWell’s data management solution for its wholly owned subsidiary, FiduciaryMaxx; is a leading data management provider, is a state-of-the-art infrastructure registered as a Tier 1 data center facility, located in the United States and operated by Savvis and Amazon. Their data centers are SAS 70 Type II certified. Savvis is recognized by Gartner as a Magic Quadrant provider. Data center security measures include: On premise security guards Exterior-building cameras, false entrances, vehicle blockades, parking lot design, bulletproof glass/walls, and unmarked buildings Biometric systems which include palm scanners Security cameras with digital recorders and Pan-Tilt-Zoom (PTZ) capabilities Portals and man traps, only a single person authenticated for entry at a time Caged and locked space exclusive to Caspio and access authorized to limited staff Network and Systems Layer. Their network is protected by top-of-the line firewalls from industry-leading vendors.
Vestwell, RetireWell’s Preferred Recordkeeper and Administrative Partner, is the modern fintech engine powering savings programs for small businesses and individual savers across the country. We’re helping to close the savings gap by offering a flexible, cost-effective, modern solution to save for the critical aspects of life – retirement, education, and healthcare. Vestwell currently powers nearly 30,000 small businesses, over a million savers, and $27 billion in assets in all 50 states.
RightCaptial is RetireWell’s selected partner for helping participants with an interactive personal financial planning web based portal. RightCapital’s mission is to create Right Plans for Real People™. RightCapital is used by thousands of financial advisors to grow their practices and set their clients on the path to financial success. Founded in 2015, RightCapital is the fastest-growing financial planning software with the highest user satisfaction among advisors (Source: The Kitces Report – 2023 AdvisorTech Study).
Matrix Trust Company provides automated trust, custody and agent services for Qualified and Non-Qualified Retirement Plans. Matrix Trust Company is a Colorado state-chartered trust company. With over 50 years of trust experience on our management team, our roots are planted firmly in the financial services market. We aggregate, reconcile and process trust and custodial transactional data in a highly automated environment. Matrix Trust Company retains an independent, certified public accounting firm to SSAE18 internal audits of its procedures and controls.
Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with over $6 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for banks, broker-dealers, asset and wealth managers and public companies. Broadridge’s infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. Our technology and operations platforms underpin the daily trading of more than $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries. FORTUNE® magazine has named Broadridge Financial Solutions, Inc. (NYSE:BR) to its list of the World’s Most Admired Companies in the financial data services category for the tenth time. The FORTUNE list, considered one of the leading measures of corporate reputation among the world’s largest companies, rates firms on a range of criteria from investment value to global competitiveness and innovation.
FiduciaryMaxx, in adherence with the Global Fiduciary Standard of Excellence, (CEFEX), ensures that both ERISA and non-ERISA plan providers and any associated fiduciaries meet and document compliance with the DOL fiduciary standards; and that the plan’s fiduciaries’ and advisors always act in the best interest of a plan and it’s participants. To accomplish this, FiduciaryMaxx provides innovative, cost-effective regulatory compliance services and technologies to Owners, Executives, Board Members, Plan Sponsors and other Fiduciaries of both ERISA and non-ERISA Based Retirement Plans. Services are provided both directly to plan sponsors, owners and executives as well as through financial intermediaries including Financial Advisors and Consultants, State and Federal (SEC) Registered Investment Advisory firms, (RIAs), Broker/Dealers, Certified Public Accounts, Risk Management Firms and via Hedge Fund Managers on both an individual business entity approach or on an omnibus entity portfolio platform for cost and oversight efficiency.
In doing so, FiduciaryMaxx provides a full range of technology enabled products and services including Request For Proposals (RFPS); comparative investment selection from more than 30,000 funds, indexes and CITS; fee benchmarking; performance and fiduciary score benchmarking; portfolio modeling and custom risk and target date portfolios; ongoing monitoring of investments; both mock and formal audits; compliance forms management; automated surveillance; documented and evidencable fiduciary standards procedure compliance; participant and plan sponsor fiduciary training and education; and ongoing supervision and reporting to ensure continued fiduciary excellence.