LEXINGTON, Ky.--(BUSINESS WIRE)--Unified Trust Company (“Unified Trust”), a national bank trust company and fiduciary that serves individual, institutional and retirement plan investors with a mix of digital and traditional advice, has unveiled its newest digital platform and technology solution for clients through the Rollover Wizard. This educational tool offers personalized education for participants who are navigating the 401(k) rollover process.
Using the Rollover Wizard, current Unified Trust plan participants are guided through their rollover options and provided with a breakdown of benefits, fees and service models. To further simplify the process for participants, their individual data is prepopulated into the Wizard where possible. The Wizard also enables users to input additional information, including outside savings and assets, perceived understanding of investments and markets, and personal risk tolerance in order to select a plan that best meets their needs.
“Unified Trust has nearly a decade of experience with digital advice, beginning with our defined contribution managed account solution, the UnifiedPlan®. As we continue to evolve our digital offerings and proactively seek innovative ways to support retirement savers, the Rollover Wizard is a particularly exciting development,” said Michael Samford, Digital Advice Manager at Unified Trust. “The product is designed to address the needs of the entire marketplace and will allow us to make a real impact for all retirement savers, so they can make more informed 401(k) rollover decisions.”
Today’s announcement also marks Unified Trust’s expansion into digital delivery of the Managed Rollover Solution, first introduced in 2016, which provides participants and individual savers with a personalized rollover solution specific to their situation, goals and time horizon. Now with this digital tool, participants have the opportunity to look at all of their rollover options, which could include up to three service models, via the Managed Rollover Solution. Individual savers and external retirement plan participants can experience the Managed Rollover Solution outside of the Rollover Wizard.
“Unified Trust’s entire mission is rooted in a fiduciary responsibility to our clients and partners. The Rollover Wizard is the latest application of this commitment,” added Samford. “We empower our participants to make the best decisions for their financial futures by providing transparent and unbiased resources as they plan for retirement.”
Additional information on the Wizard tool can found on Unified Trust’s website or by contacting Mike Samford for a demonstration.
About Unified Trust Company
Unified Trust Company, N.A. (Lexington, Ky., $5 billion in assets under management) is a national bank trust company and discretionary trustee, serving individual, institutional and retirement plan investors. As a fiduciary, the firm is dedicated to helping people achieve successful financial outcomes. It is the first trust company in the U.S. and among the first globally to be certified for fiduciary best practices by the Centre for Fiduciary Excellence.
