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Products November 25, 2013
Paychex Adds ModelxChange Portfolios
Paychex Inc. added Mid Atlantic Trust Company’s ModelxChange Web-based model portfolios for its retirement recordkeeping services clients.
Reported by PLANADVISER staff
ModelxChange lets financial advisers choose from a suite of preselected portfolios from various money management firms and is meant to simplify coordinating with recordkeepers to efficiently manage an investment model.
According to a dual release from the firms, the addition of the ModelxChange portfolio to the Paychex platform will give clients a simplified model that is easy to use but still allows sophisticated investment management.
For more information on Paychex retirement services and the ModelxChange portfolios, visit http://www.paychex.com/advisors/.