Nationwide Planning Associates Inc Using InvestorCOM RolloverAnalyzer to Meet the DOL’s PTE 2020-02 Requirements
Nationwide Planning Associates Inc. is a national full-service financial planning firm and a FINRA-regulated broker-dealer serving the needs of individuals, institutions and financial intermediaries.
The DOL’s PTE 2020-02 went into effect on July 1, 2022. To meet the regulatory requirements, Nationwide Planning Associates will be using InvestorCOM RolloverAnalyzer, an intuitive app for making best interest rollover recommendations. The app will allow their financial professionals to easily assess rollovers, look up costs, and disclose the information to investors. The app also stores a record of the disclosure for audits and retrospective reviews.
“After considering different options for meeting the regulatory requirements for PTE 2020-02, we find that RolloverAnalyzer is by far the most comprehensive and intuitive option available,” said Michael Karalewich, CEO at Nationwide Planning Associates. “The InvestorCOM team has been fantastic to work with and we look forward to a long business relationship.”
“We are thrilled to be helping Nationwide Planning, as well as so many other wealth firms, meet their regulatory requirements for PTE 2020-02,” said David Reeve, CEO of InvestorCOM.
About Nationwide Planning Associates Inc.
Nationwide Planning Associates is a national full-service financial planning firm and a FINRA-regulated broker-dealer serving the needs of individuals, institutions and financial intermediaries. The firm is headquartered in Paramus, New Jersey. For more information, visit nationwideplanning.com.
About InvestorCOM Inc.
Since 1992, InvestorCOM has been providing regulatory compliance software and communications solutions to wealth managers, asset managers and insurers. Our high value, intuitive solutions eliminate compliance risk for our clients. For more information, visit InvestorCOM.com, email firstname.lastname@example.org or call 800-361-9494.
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