Simplicity Acquires AssetLock® and Welcomes Jason Jenkins as Partner and Executive Vice President of Marketing
"Our vision is to become the premier financial institution that supports independent financial advisors in executing their commitments to their clients and achieving their professional goals," stated
Simplicity acquired AssetLock for its extensive communication abilities and marketing influence. The software and app were designed to meet the needs of the independent advisor while satisfying the demands of investor clients. Through AssetLock, advisors are able to improve client retention by streamlining important account communications – working to keep the advisor top-of-mind.
"We've seen AssetLock completely transform an advisor's practice in a matter of a few months, specifically in the area of new business acquisition - we just had to have that for our advisor network," said Donaldson.
The AssetLock transaction marks another milestone for Simplicity as the 10th organization to join the Simplicity group. Through acquisition and partnership of financial technology companies and top insurance distribution organizations, Simplicity seeks to provide sophisticated business solutions that will attract the industry's best in leadership, talent, advisors, and future partners. Simplicity will continue to add new businesses to its platform over the coming years.
"Partnering with Simplicity was an easy decision," said
For more information on how advisors can become AssetLock-equipped, please visit:
https://www.assetlock.com/join-the-movement/.
About AssetLock
AssetLock is award-winning investment and retirement account monitoring software that streamlines communication between the account holder and financial advisor. The software monitors account values and provides e-mail and text notifications to the account owner when new highs have been reached, and when the account value declines to the owner's pre-determined risk threshold. If the account value breaches the account holder's risk threshold, the software will notify the owner and his or her AssetLock-Equipped advisor to carry out the pre-determined action when the account was invested, or it will notify the owner to prompt a discussion with his or her plan provider about making possible adjustments to the retirement plan. For more information about AssetLock please visit www.AssetLock.com.
About
AssetLock® is tracking software used to monitor the performance of a client's portfolio, and to predetermine the amount of downside the client is willing to tolerate. It is NOT an actual stop order and will NOT automatically sell the individual securities in the portfolio. Therefore, the AssetLock® value is a reference point to encourage a conversation between the advisor/firm and the client to determine if the client's portfolio should remain unchanged, reset the AssetLock® percentage by reallocating to a different risk profile, liquidate part or all of their portfolio or opt out of AssetLock®.
MEDIA CONTACT
P: 860-724-4509
E: [email protected]
View original content to download multimedia:http://www.prnewswire.com/news-releases/simplicity-acquires-assetlock-and-welcomes-jason-jenkins-as-partner-and-executive-vice-president-of-marketing-300712402.html
SOURCE
Public health urges emergency preparedness, flu vaccinations
Doctor On Demand to Cover Video Visits At No Cost for Those Impacted by Hurricane Florence
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News