Pontera, the fintech company helping retirement savers receive professional 401(k) management from their trusted financial advisor, and Steward Partners Global Advisory (“Steward Partners”), a full-service, employee-owned, independent financial services firm, have announced a new partnership. Now overseeing more than $32 billion in client assets, Steward Partners is paving a path for its advisors to manage retirement plan accounts securely through its Advised Retirement Plan Account platform, powered by Pontera.

“The synergy between Steward Partners and Pontera is a natural extension of our innovative approach to financial advisory services,” remarked Jim Gold, Chief Executive Officer of Steward Partners. “Pontera’s technology elevates our capabilities in managing retirement assets, which is crucial for our clients’ long-term financial well-being. It’s about giving our advisors the best tools to effectively serve our clients.”

As projections show that 40% of retirement income for U.S. workers will stem from their 401(k) savings, clients increasingly demand that these assets not be left outside of their overall financial plans. It is estimated that more than 70% of plan participants want personalized investment advice on their employer-sponsored retirement plan assets.¹

Pontera is here to help. Pontera provides a secure, client-permissioned platform for financial advisors to manage 401(k)s, 403(b)s and other held-away retirement plan assets. Leveraging Pontera’s SOC 2 Type II- and ISO 27001-certified platform, advisors can analyze fund options, review historical fund performance and set target-fund allocations in alignment with their custom, portfolio-level tax and investment strategies. Pontera directly integrates with portfolio reporting, billing and other technology solutions to provide seamless account management.

“Reflecting on the dynamic year Steward Partners has had, marked by significant growth and industry recognition, our partnership comes at a pivotal time,” said Peter Nolan, Vice President, Enterprise, at Pontera. “Together, we are committed to enhancing the already impressive suite of services that Steward Partners offers—empowering advisors to deliver the best possible retirement outcomes to clients.”

Steward Partners celebrated its 10th anniversary in 2023 and has remained one of the industry’s fastest-growing RIA firms since its launch. The firm now has a national presence with more than 250 advisors across 59 offices in 26 states. Ranked #19 on Barron’s 2023 list of top 100 RIAs, Steward Partners recently acquired Freedom Street Partners, adding over $3 billion to its client assets under management.

Last month, Pontera announced a $60 million funding round led by ICONIQ Growth. This round increased the company’s total funding to date to $160 million, enabling Pontera to execute on its mission to help millions of U.S. workers retire better. To learn more about Pontera, visit www.pontera.com.

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