Technology creates a new revenue stream for advisors in delivering a personalized and customized portfolio management experience
CHATANOOGA, Tenn., Aug. 17, 2022 /PRNewswire-PRWeb/ -- Future Capital, a FinTech company that connects financial advisors to their clients' held-away retirement assets, announced today a partnership with New York–based Lantern Wealth Advisors.
Lantern Wealth Advisors can offer Future Capital's account management services on their wealth clients' defined contribution and other retirement plan assets in a simple, compliant, and scalable way.
This partnership allows Lantern Wealth Advisors to offer account management services on qualified plan assets without becoming a participant-level fiduciary. Future Capital can enable advisors to meet the current needs of their wealth clients while positioning themselves to provide future advisory services when the asset is eligible for a rollover.
"Future Capital is designed to help financial advisors unlock assets that they've never had access to before," says Jay Jumper, founder, and CEO of ProNvest and Future Capital. "401(k)s and other defined contribution accounts offer a unique opportunity to identify new revenue streams, as well as retain clients who might have looked for outside solutions to manage these accounts."
Future Capital has helped solve the age-old dilemma of financial advisors not being able to manage, advise, or be compensated for servicing held-away retirement assets which could ultimately become their clients' single largest asset for retirement.
"Partnering with Future Capital eliminates the need for our advisors to rely on employer or plan sponsor relationships in order to help their wealth clients with held away 401(k) plan assets," said Keith Lanton, President of Lantern Wealth Advisors.
About Future Capital:
Future Capital is a product of ProNvest. For the past two decades, ProNvest has been working to build strong financial futures for our clients by partnering with advisors to offer managed account services. Today, we continue to innovate by building products to help improve the lives of investors, making it easier for them to plan and invest for retirement. For more information visit http://www.futurecapital.com/partners/advisors
About Lantern Wealth Advisors:
Lantern Wealth Advisors is a wealth management boutique with a national presence. We educate and guide our clients to manage risk, grow and preserve their wealth, and achieve their financial goals. We accomplish this by leveraging our in-depth bond expertise, smart technology, and highly personalized service. http://www.heroldlantern.com
Media Contacts
Caroline Martin
[email protected]
423-602-9422
Media Contact
Caroline Martin, Future Capital, 1 4236029422, [email protected]
SOURCE Future Capital
Share this article