New IRA Rules Driven by Regulation and Best Practices

The Fiduciary Rule and RegBi are requiring reps to follow a best interest standard of care. FINRA 13-45 (December 2013) dictated financial firm’s responsibilities when recommending a rollover or transfer of assets from an IRA to a qualified plan. Also, they provided guidance on how IRAs are marketed.

More importantly, doing the right thing is now table stakes and clearly a best practice.

Evaluate IRA Rollover Compliance

Every client is different and your rollover process should adjust to fit the client’s needs while maintaining the required compliance structure. FDI’s Best Interest Determination solution addresses the four types of rollovers: recommendation, education, hire me and unsolicited.

Document and Report Best Interest Recommendations

Gather the right data from IRA clients by using FDI’s Best Interest solution. Follow a process that is consistent, compliant and proven. Help your reps leverage templates and workflows for efficiency. Increase results at the Point of Sale. FDI’s solution will mitigate your bank’s risk exposure, protect your reps, help IRA clients make informed decisions and improve your bottom line.

Simplified Sales Management

See your rep’s aggregate sales opportunities in a consolidated sales funnel. Provide your reps with powerful reports that will spark consultative meetings using Plan Profile. Support best business practices with workflows to move suspects to prospects to clients. Help your rep’s sell more efficiently and effectively than ever before.

5500 Search

Use FDI's proprietary Identify - Engage - Close - Secure workflow to move suspects to prospects to clients. See your aggregate sales opportunity in your Prospect List. Add to your pipeline using FDI's 5500 Search. Have consultative initial meetings using our Plan Profile report and close new business with FeeBuilder.

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Sales Funnel And Pipeline

The Sales Funnel is where your advisors can manage the details of their sales efforts. Set plans as suspects or prospects, see the median compensation for plans of similar size based on FDI's data or set a custom fee and click to see the details for any plan. The Pipeline is where they can see their aggregate compensation opportunity and closed business. The Home Office view allows you to see aggregate or filtered datasets.

Too Many Tools, Too Little Time!

FDI's Business Management Dashboard is an open architecture solution which means that almost any tool/service can be integrated.** The possibilities are endless. Want to share data with your CRM - integrate it. Want to quickly see and or access your Investment Analytics without an additional login - integrate it. Want to quickly learn the status of your RFPs - integrate it.

Integration is defined as single sign-on access to a third party tool/service as well as the potential for real-time data exchange.

**FDI will integrate with third party service providers using FDI's APIs where applicable and reasonable.

Bank Services

 Practice ManagementProtect Plan SponsorsImprove Participant Outcomes

IRA Services (IRA Business)

An evolving offering directed at the individual retirement space.

IRA Rollover - Best Interest Determination

Tools and services directed at helping clients comply with FINRA 13-45, Reg BI and the DOL's Fiduciary PTE.

Business Management Dashboard (Qualified Plan Business)

Data Aggregation

Periodic and automated upload of data from your Recordkeeper partners to FDI.


Efficiency and scalability driving task management and workflow processes to propel your business.

Value and Fee Benchmarking

The industry's gold standard for value and fee reasonableness comes in several different report formats and all include FEEPOINT®.


Real-time access to FDI's benchmark group data for the purposes of proposal preparation, pricing strategy and more.


Two page on-demand benchmarking of YOUR services and fees including a custom quality page and FEEPOINT®.

Sales Funnel/Pipeline/5500 Search

Search FDI's 5500 data using multiple criteria to fill your pipeline and track the results in your sales funnel.

408(b)(2) Compliance

Simple and efficient disclosure generation that can also facilitate benchmarking.

Document Vault

Easy to use and customizable document vault to securely hold plan documentation.

Open Architecture Integrations

FDI will integrate with third party service providers using FDI's APIs where applicable and reasonable for the purposes of single sign-on and real-time data exchange.

Retirement Outcomes Evaluator (Qualified Plan Business)

Dynamic Plan Design analysis service that can help drive better outcomes.

And there is so much more! Schedule a demo to see how the FDI’s IRA Rollover Best Interest solution and Business Management Dashboard can enhance your bank’s business now.