RolloverAnalyzer Make best interest rollover recommendations.
Intuitive application for financial professionals to make best interest rollover recommendations and to easily and consistently document and disclose their analysis to clients.
3 easy steps to meet your rollover requirements.
1
Analyze your rollover recommendation
Compare your rollover recommendation against Cost, Service and Fit criteria.
2
Fully integrated plan cost data
Instant access to Form 5500 and benchmark data to assess plan costs.
3
Document and disclose the recommendation
Capture and store the recommendation; share a copy of the disclosure with the client.
Why choose RolloverAnalyzer to meet Reg BI and PTE 2020-02?
Single workflow to analyze, document and disclose best interest rollover recommendations to clients.
Best interest analysis made simple
If your advisors are using manual forms and large text boxes, you know how cumbersome this can be for compliance teams to review and analyze. With InvestorCOM RolloverAnalyzer, analysis is a breeze.
- We enumerate the points of analysis making it easy for the financial professional, compliance team and client to review and understand.
- Auto-generated compliance text provides the “reasons why” to support the financial professional’s decision-making.
Integrated Form 5500 and plan expense look-up
InvestorCOM makes it easy for financial professionals to assess rollover plan fees. Using RolloverAnalyzer, your team can:
- Input the client’s 404(a)5.
- Look up employer-sponsored plans from the Form 5500 database.
- Leverage industry benchmark functionality straight from the app.
IRA Fee Lookup
Find and document existing IRA fees in seconds.
- Search fee schedules sourced from Form ADV filings and refreshed monthly.
- Calculate the estimated annual cost based on the client’s balance.
- Add the fee, methodology, and source directly to the rollover analysis.
Plan Investment Lookup
Calculate investment costs from the client’s actual holdings.
- Access the plan’s investment lineup using Form 5500 data.
- Enter allocations directly from the client’s account statement.
- Automatically calculate the weighted expense ratio and add it to the rollover analysis.
Product Cost Lookup
Build complete, product-specific cost comparisons.
- Search current product data across securities and annuities.
- Build and allocate securities portfolios or configure annuity riders and surrender schedules.
- Automatically calculate the applicable costs and add them directly to the rollover analysis.
End-to-end digital disclosure and documentation
Eliminate multiple systems and manual processes to meet your Reg BI and PTE 2020-02 obligations.
- RolloverAnalyzer allows your team to easily transition from analyzing the best interest rollover recommendation to disclosure and recordkeeping.
- The entire process is automated and just one click away.
Generate a plain language disclosure report
Once the analysis is complete, RolloverAnalyzer automatically generates a PDF report of the rollover recommendation.
- The personalized report includes the rationale for the rollover recommendation in easy-to-understand English.
- It’s fully customizable to include your firm’s branding and disclosure information.
- Print or email the document to your clients.
- A copy is retained in a centralized database for easy review by supervisors, compliance teams and senior management.
Transform rollover activity into valuable insights
Now you can get a bird’s-eye view of your firm’s rollover activity and self-correct when required.
- RolloverAnalyzer features an intuitive dashboard that displays all of your firm’s transactional data in an easy-to-understand design.
- Accurately monitor rollover volumes, drill into details, and identify risk-based scenarios that require additional research and/or remediation.
- Schedule and email custom reports to compliance personnel, and easily export data to include in reports for regulators, for example, retrospective reviews.
- Easy client look-up lets you match your RolloverAnalyzer records against new accounts opened to ensure advisors are following policies and procedures.
Supervision Agent
Use AI to supervise every rollover. Focus human effort on the exceptions.
- AI reviews every rollover in real time against firm policy.
- Reduces manual review by prioritizing the highest-risk cases and explaining why they need attention.
- Recommends approve, flag, or review, while supervisors retain the final decision.
Meet compliance for Reg BI and PTE 2020-02.
| Requirement | SEC: Reg BI | DOL: PTE 2020-02 | RolloverAnalyzer |
|---|---|---|---|
| Evaluate |
|
| |
| Fees | Essential element for the recommendation | Reasonable estimation of expenses, asset values, risk and returns based on publicly available information. | |
| Documentation | Good risk mitigation | ||
| Retrospective Review | |||
| Client Disclosure | |||
| Recordkeeping | Good risk mitigation |
“With access to InvestorCOM’s comprehensive rollover analysis tool, our Financial Advisors can easily document their comprehensive discussions with clients about moving their retirement dollars.”
Risa Gomez
First Vice President of Retirement Plan Services at Davenport & Company LLC
“InvestorCOM’s RolloverAnalyzer checks all the boxes within a single workflow and does it simply and intuitively.”
Ryan Carlson
Principal at American Independent Securities Group
“RolloverAnalyzer is predicated on common sense compliance. With an app that is so simple and easy to use, our team will never go back to making rollover recommendations manually.”
Armin Sarabi
SEC and DOL: Rollover Requirements
Carol McClarnon and Issa Hanna from Eversheds Sutherland discuss the DOL and the SEC’s expectations.
Virtual Roundtable: Preparing for PTE 2020-02
Compliance leaders discuss challenges and strategies for meeting the PTE 2020-02 requirements.
PTE 2020-02: The Case for Deploying Compliance Technology
Taking a manual approach to meeting compliance for PTE 2020-02 is labor-intensive and fraught with risk.