SageView partners with Pontera to help advisers manage held-away accounts
Pontera, formerly known as FeeX, allows advisers to work with client accounts that are held away from the firm, like 401(k)s.
Pontera, a fintech formerly known as FeeX, said that it’s partnering with SageView Advisory Group, an RIA with $175 billion in assets, to help the firm’s advisers manage clients’ held-away retirement accounts.
Pontera’s service lets advisers allocate assets in client accounts that they don’t custody, like 401(k)s and health savings accounts, without getting into trouble with regulators.
“Advisers must be able to present a comprehensive plan that delivers the best possible solution for their clients,” Jim Dario, head of wealth management at SageView, said in a statement. “And this is extremely difficult to do without incorporating a client’s held-away accounts, which often make up a significant portion of their assets.”
Pontera has been striking more deals with RIAs recently, including signing up Carson Group last October.
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