Wilshire Associates Joins Vantage Success Partners

We wanted to identify established strategic partners who could work with us to provide small to mid-sized firms with large-plan pricing that would typically be available in retirement offerings at major corporations.

Vantage Benefits Administrators, Inc., a full-service employee benefits consultant, Third Party Administrator (TPA), recordkeeper and professional fiduciary, today announced that Wilshire Associates has joined the Vantage Success Partners program.

Organizations selected to work with Vantage Success Partners notably share its commitment to the unbiased pursuit of participants’ best interests. With its open-architecture, level-fee platform and unbiased investment selections, Vantage only considers working with firms equipped to operate according to the same values. The arrangements drive lower and more competitive costs to better serve employers that find it impossible to secure institutional plan pricing. Program arrangements also assist employers seeking to maximize both price points and plan quality.

Wilshire’s longstanding dedication to excellence in delivering customized investment solutions and its proven track record of developing high-conviction investment menus with participants in mind make this a very compelling arrangement. Exemplary in its approach, Wilshire will serve as a 3(38) investment manager in the program.

Wilshire was selected to build menus for a newly formed Vantage Retirement Trust. “We wanted to identify established strategic partners who could work with us to provide small to mid-sized firms with large-plan pricing that would typically be available in retirement offerings at major corporations,” said Vantage CEO Jeff Richie. “Wilshire really stepped up as the investment manager for our new group Trust.”

“We are truly pleased to be selected as a partner in this new approach developed by Vantage,” said Jason Schwarz, President of Wilshire Funds Management. “We expect the use of outsourced fiduciaries providing efficient, cost-effective solutions to continue to grow, and Vantage is well positioned to capitalize on this trend with the recent launch of its group Trust. The need and interest demonstrated by plan sponsors and advisers is significant.”

Vantage has always…

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