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Deals & People February 25, 2013
fi360 Acquires Pittsburgh Retirement Training Firm
Financial Service
Standards LLC (FSS), an organization that specializes in training retirement
plan advisers and developing practice management resources, has been acquired
by fi360.
Reported by Jill Cornfield
FSS, based in Pittsburgh, is best known for its 401k Service Training Program, an educational program designed for retirement plan professionals that teaches plan management, Employee Retirement Income Security Act (ERISA) regulations and industry best practices. The firm also offers the 401k Service Solution, a system for sales and service processes.
The purchase of FSS demonstrates fi360’s commitment to providing an expansive retirement and practice management program that complements its Accredited Investment Fiduciary (AIF) curriculum, the company said in a release.
“FSS’s best-in-class retirement training program is a natural next step for AIF designees who are seeking to develop special expertise in serving the 401(k) plan market,” said Blaine Aikin, chief executive of fi360. “The FSS acquisition will enable us to help advisers build successful retirement plan businesses.”
fi360 is an organization that provides fiduciary education, investment analytics, support services and industry insights for financial professionals.