Inspira, the retirement industry’s low-cost IRA provider, has signed an agreement with Benefit Trust Company that gives Inspira another Custodial and Trading platform to offer to its clients. The two companies are also planning to mutually market Inspira’s IRA rollover services to the Benefit Trust Company’s existing clients and prospects.
Benefit Trust Company, a privately owned, non-depository trust company based in Overland Park, Kansas, joins Mid Atlantic Trust Company and MG Trust as IRA custodians on Inspira’s platform. The partnership with Inspira allows Benefit Trust Company to further expand its already robust suite of IRA services for its current partners while also providing another attractive service offering to prospective clients.
“This partnership is a win-win for us,” said Bradley Scafe, President of Benefit Trust Company. “We believe that by utilizing an up-and-coming platform like Inspira’s, we’ll be able to retain assets that often transfer out of our platform as a result of automatic and voluntary IRA rollovers, enabling us to maximize our current business and increase our marketability going forward.”
About Inspira: Based in Pittsburgh, PA, Inspira was founded in 2002 and provides bundled providers, recordkeepers, third party administrators, financial advisors, affinity groups, broker dealers, CPAs and payroll companies with turnkey, cost-eliminating IRA solutions.
For more information about Inspira, contact:
Mark Fleckenstein
Director of Marketing
markf@inspirafs.com
412-440-6991
About Benefit Trust Company:
Benefit Trust Company is a privately held, independent trust company, chartered as a non-depository trust company in the state of Kansas, with assets in excess of $14 billion under trust and custody. Benefit Trust Company has administrative responsibilities for $45 billion in daily settlements and establishes daily net asset values in excess of $4 billion.
Benefit Trust responds to the need for customized solutions to meet the demands of highly sophisticated Plan Sponsors, Investment Advisors and Record-keepers / TPAs. Our full-service team approach creates a strong, responsive partnership with our clients and is the cornerstone of Benefit Trust.
For more information about Benefit Trust Company, contact:
Michael A. Ravnsborg
Benefit Trust Company
mravnsborg@benefittrust.com
913-663-0736
InspiraFS 
Leave a comment