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Deals & People January 6, 2009
Millennium Trust Offers Automatic Rollover IRA Solution through WMSI
Millennium Trust Company, a provider of IRA administrative and custody services, announced it has joined Wealth Management Systems Inc.'s (WMSI) Rollover Network.
Reported by Rebecca Moore
According to the announcement, through WMSI’s Rollover Solution Network, third-party administrators and plan sponsors will be able to select Millennium’s Automatic Rollover IRA solution and systematically rollover plan assets for missing and nonresponsive participants of active and terminating plans.
“We are always looking for ways to expand the distribution of our Automatic Rollover IRA solution so we are quite pleased to partner with Wealth Management, a clear leader in the TPA rollover space,” said Scott McCartan, CEO of Millennium Trust, in the announcement.
More information about Millennium Trust is available at www.mtrustcompany.com, and more information about WMSI is availalbe at www.wealthmsi.com.