I was intrigued with Convergent's business model; and the more I learned, the more obvious it became that it matched the needs of SEI. The staff at Convergent is extremely focused on building a holistic solution that fulfills the ever-changing needs of our unique environment.
Brainerd, MN (PRWEB) July 16, 2008
Convergent Retirement Plan Solutions, LLC announced that it was recently selected by SEI to help support its IRA client base of over 300,000 IRA holders through a comprehensive array of IRA documentation and technical support services. In addition, Convergent announced that it has been selected by The Calvert Group to provide similar IRA documentation and consulting support services.
"Since our inception in 2004, Convergent has set out to distinguish itself through its industry expertise, flexible solutions and best-of-class customer service," said Connie Spaulding, Convergent's Director of Sales and Marketing. "It's extremely rewarding for us to have these core business principles validated by such well-respected firms as SEI and The Calvert Group."
According to Michael Harvey who heads SEI's IRA Administration Group, "I was intrigued with Convergent's business model; and the more I learned, the more obvious it became that it matched the needs of SEI. The staff at Convergent is extremely focused on building a holistic solution that fulfills the ever-changing needs of our unique environment."
Stan Young, Vice President of Client Services for Calvert Distributors, Inc. echoed similar sentiments. "Having worked with several of the principals of Convergent in the past, I was confident that Calvert's document needs would be fully addressed when we made the decision to switch to Convergent. Convergent took the time to understand our business model and documentation needs and worked hand-in-hand with us to assure appropriate verbiage and data capture consistent with our business."
SEI and The Calvert Group join a growing list of marquee financial service firms that have recently turned to Convergent Retirement Plan Solutions, LLC for ongoing support of their organization's retirement initiatives.
SEI (Nasdaq: SEIC - News) is a leading global provider of outsourced asset management, investment processing and investment operations solutions. The company's innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. As of March 31, 2008, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers $424 billion in mutual fund and pooled assets and manages $185 billion in assets. SEI serves clients, conducts or is registered to conduct business and/or operations from more than 20 offices in over a dozen countries. For more information, visit http://www.seic.com.
About The Calvert Group:
Calvert Distributors, Inc. is the principal underwriter and distributor for Calvert's family of mutual funds. Calvert has been a leading investment firm for over 30 years and offers a broad range of products, from expertly managed bond funds to the nation's broadest array of socially screened mutual funds. Calvert's socially responsible funds seek to invest in companies and other enterprises that demonstrate positive environmental, social and governance performance as they address corporate responsibility and sustainability challenges. Calvert believes that there are long-term benefits in an investment philosophy that attaches material weight to the environment, workplace relations, human rights, indigenous people's rights, community relations, and positive product and business practices, as well as corporate governance. Calvert also believes that managing risks and opportunities related to these issues can contribute positively to company as well as investment performance. As of March 31, 2007, the Calvert fund family consisted of 41 mutual fund portfolios having assets under management in excess of $15 billion. For more information, visit http://www.calvert.com.
About Convergent Retirement Plan Solutions:
Convergent Retirement Plan Solutions, LLC, is a boutique retirement services company staffed with seasoned industry veterans dedicated to creating tailored compliance, education and business development solutions for the retirement services industry. Convergent's solutions produce measurable bottom-line results for institutional clients through decreased compliance exposure and increased acquisition and retention of retirement plan assets. Visit us at http://www.convergentrps.com.
Convergent Retirement Plan Solutions
Director of Sales and Marketing