New York, NY (PRWEB) April 23, 2014
Wealth Management Systems Inc. (WMSI) announced today that it has successfully launched the Small Business Retirement Plan Comparison Calculator within Pershing’s NetX360 Retirement Resource Center. This new tool helps advisors to support small business owners in evaluating retirement plan options, choosing a plan to meet their needs and calculating the owner’s maximum contribution towards retirement. With small businesses accounting for 55% of all jobs today, this tool helps address the needs of employers in this growing sector of the economy.
The Small Business tool is the newest of 8 retirement planning calculators Pershing has launched in conjunction with WMSI since 2010 to help advisors address varying retirement planning needs including: Roth Conversions, Stretch IRA, NUA and 72(t) and 72(Q). All tools are designed to illustrate personalized client projections in a professional, easy-to-read report format which can be used in support of client meetings.
John Geli, CEO of WMSI, said, "The WMSI team is excited that our planning tools play an important role in the NetX360 Retirement Resource Center platform. We are very pleased to work with Pershing and to support advisors in providing guidance and retirement planning solutions to help employees attain retirement security and greater financial well being.”
About Wealth Management Systems Inc. (WMSI)
Wealth Management Systems Inc. is the leading provider of technology based rollover services within the financial services industry and provides comprehensive, web-based college and retirement planning tools, advisor solutions and financial communications and education for financial services firms. WMSI is dedicated to helping service providers, plan sponsors, and advisors support employees in maximizing their workplace benefits to achieve financial well being and retirement readiness. For more information, please visit http://www.wealthmsi.com.
Pershing and its affiliates provide global financial business solutions to approximately 1,600 financial organizations, broker-dealers, registered investment advisory firms, advisors, fund managers and asset managers who represent over 5.6 million active accounts. Located in 23 offices worldwide, Pershing delivers dependable operational support, robust trading services, flexible technology, an expansive array of investment solutions, practice management support and service excellence. Pershing is a member of every major U.S. securities exchange, and its international affiliates are members of the Deutsche Börse, Australian Stock Exchange, Irish Stock Exchange, London Stock Exchange and Toronto Stock Exchange. Pershing LLC (member FINRA/NYSE/SIPC) is a BNY Mellon company. Additional information is available on pershing.com, or follow us on Twitter @Pershing.