RPG Consultants and Main Management Form Alliance
NEW YORK, NY, September 20, 2012 -- New York based RPG Consultants and San Francisco, CA based Main Management LLC are pleased to announce the formation of a new alliance which enables retirement plan sponsors to take advantage of RPG's innovative technology and Main Management's best-in-class portfolio management capabilities. To combat the persistent underperformance of traditional "do it yourself" mutual fund plans, Main Management provides a comprehensive suite of managed Exchange Traded Fund (ETF) solutions to the qualified retirement plan marketplace. This new Main Management-RPG solution allows advisors access to managed strategies and professionally managed investment models in defined benefit plans and in defined contribution plans, such as 401(k)s and profit sharing plans. Main Management will offer section 3(38) Investment Fiduciary Services using RPG Consultants' open architecture record keeping platform as well as RPG's value-added Plan consulting, actuarial, and administration services for all types of Plans.
Main Management and RPG individually service plans across the country as investment strategy provider and record keeper, respectively. The Main Management solution will integrate with RPG's unique platform to provide customized retirement plans; allowing for an array of allocation models and portfolio options. This will offer cost savings and transparency to plan sponsors and participants and give advisors an easy to explain tool with which clients can allocate their investments.
"We are excited to introduce the Main Management -- RPG solution to the 401k marketplace. This efficient program relieves busy employees from the cumbersome task of managing their own retirement funds and instead allows an experienced, three person investment team to do it for them," said Alvin Rapp, RPG Consultants' Founding Partner.
The Main Management - RPG innovative solution helps significantly reduce fiduciary risk by addressing it directly with an accessible solution. Main Management's 401k methodology and the technology created specifically to implement it are designed to help reduce the sponsor's risk by providing a customized investment solution for each plan participant at a reasonable cost. Advanced technology makes this risk mitigation solution cost effective and easy to implement.
About Main Management LLC
A pioneer in managing all-ETF (Exchange Traded Fund) portfolios, Main Management is committed to delivering innovative investment solutions to high net worth and institutional investors as well as 401k plans. By combining the asset allocation insights of experienced investment professionals with specialized investment vehicles, Main Management offers a unique approach that translates into distinct advantages for our clients including broad diversification, cost efficiency and complete transparency. For more information please visit http://mainmgt.com/retirement-plans.html
About RPG Consultants
Since its founding over twenty five years ago, RPG Consultants has been offering innovative retirement plan consulting, actuarial, administration and recordkeeping services. RPG was one of the first companies in the country to bring to the marketplace a true open-architecture, daily valuation, recordkeeping platform that allows the use of ETFs and ETF-based portfolios as investment choices. For more information please visit www.rpgny.com.
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