In Practice
ASPire Turns Focus to TPA Network
An expanded third-party administrator (TPA) network is in the works for ASPire Financial Services LLC.
Reported by John Manganaro
ASPire said it will offer TPA partners an array of plan tools, training and improved market visibility. Currently the firm works with a network of about 220 TPA partners.
ASPire’s TPA network partners can compete for leadership membership status—a rank that provides access to first-to-market Web microsites, market plans and training.
Leadership status also gives TPAs priority listing on InvestDesign Center, ASPire’s business intelligence portal, which allows retirement plan advisers to locate TPAs geographically. Leadership positions are based on partnership engagement levels, according to a statement from the company.
For more information on ASPire’s efforts to build out its TPA network, visit www.aspireonline.com.