TPA
Strategic Alliance

Change Is Good...Change With Calculated And Smart Growth Is Even Better.

How different today is your TPA business than when you started in the industry? It's amazing isn't it? We've all learned that if we are to remain competitive and continue to fulfill our dedication to our clients, we can never stop growing.

We've also all learned that those who do not recognize the growth opportunities that are presently emerging for TPA firms through the Internet and the "new economy", or that continue to apply an "old school" mentality in an attempt to keep pace with the new marketplace and the industry's changing trends, are simply easier to compete with for the really important business.

As you accelerate your efforts to embrace today's business opportunities, are your firm's services and technologies keeping pace with the demands of the new marketplace?

How Well Are You Equipped To Compete In The New Marketplace?

Changing market trends have always provided special opportunities for those able to recognize and take advantage of those opportunities.

Until recently, for example, as much as 60% of the 401k plans in the marketplace employed a "bundled" service provider such as mutual fund companies, large banks and insurance companies to support their plan's administration needs. However, as of this writing, the number of mutual fund companies, large banks and insurance companies interested in continuing to provide the "bundled" services of compliance administration and recordkeeping along with their investment services, is greatly diminishing.

Many mutual fund companies, large banks and insurance companies are electing to exit the compliance administration and recordkeeping "add-on" niche in their investment businesses. Many are currently disbanding their "TPA Services" divisions. They have found that providing a "bundled" compliance administration and recordkeeping service to compete with today's TPAs was more troublesome than advantageous to their core businesses of selling investment advice and investment vehicles. They have also found that their application and approach of this "add-on" service to garner additional client ascendancy was simply not as profitable as they originally projected.

These "exit" decisions by such "bundled" service providers have left many plan sponsors scrambling to find new compliance administrators and recordkeepers.

How is your TPA firm responding to this Industry development? Do you have the alliances and the technology capabilities in place to compete effectively for this potential influx of new business opportunities? Have you developed a marketing strategy to help these new potential clients know how to find you so that you can actually compete for this new business?

RPA: A Flexible Alliance Opportunity For Qualified TPAs

As a TPA, there are a number of ways to structure and formulate an affiliate partnership with RPA. We are prepared to provide an appropriate alliance format that meets your firm's specific goals and needs.

If you are interested in moving away from a "balance forward" accounting structure to a "daily valuation" system, we can provide that support and transition without all of the expense that you might have to face to do it on your own.

If you need sales and marketing support, or if you would like to grow your sales and distribution channels to extended markets and compete for larger plans, you might find an affiliation with RPA as just the right alliance to get you where you want to go.

If you have considered selling your TPA business and your organization meets our basic acquisition criteria, we might be interested purchasing your business or possibly taking on an equity position in your firm.

Basically, we're open to working with you in whatever ways that will merge RPA's marketing inventiveness and operational efficiencies, with your business's needs and strengths, to form an alliance of collective strengths.

RPA Refers New Business To Our TPA Affiliate Partners.

As RPA's national expansion continues to explode across America, we will be seeking business alliances from a select group of TPA's in various markets around the country to work with us in support of this expansion.

These business alliances will serve to support what we are seeing as an unparalleled amount of growth by RPA in our segment of the industry, to the mutual advantage of RPA and those TPA Affiliate Partners with whom we will work.

In the years to come, the thousands of business opportunities that will find there way to RPA through our website or by referrals from our ever expanding national client base, will influence RPA to form such strategic business affiliations to promote RPA's continued ability to provide the highest quality, cost effective, compliance administration and recordkeeping services available anywhere.

Your market presence and capabilities, combined with our national marketing, operational and logistical support, provides both of our organizations with an unsurpassed competitive edge in our mutual efforts to earn the trust and the business of prospective clients where you do business.

Through your election to register as an RPA Affiliate Partner, RPA will not only work with you to support those specific marketing and operational needs, but RPA could also prove to become a significant source of new client opportunities for you.

Affiliate With RPA

If you would like to discuss further how an RPA Affiliate Partnership might work for your TPA firm, please register with us today and we will contact you by telephone to begin to explore, in complete detail, exactly how such an Affiliate Partnership might prove beneficial to us both.

If you would like to explore the possibilities of working together, prior to registering with us, call our Business Development Department directly at 888.689.5530 ext. 223 or email at info@retirementplanners.com.