BenXchange Bloooms With Its New Services Platform Partnership
BenXchange and Blooom Partner to Provide An Online Professional Management Service That is personalized to Any Employer Sponsored Account.
New York, NY August 23, 2016 – BenXchange announced today that it is partnering with blooom, Inc. of Kansas. This partnership enhances the BenXchange platform by offering to its clients a professional management service for that organization’s employer sponsored retirement account (401k,403b). Blooom will be offering its online professional management service through BenXchange’s award winning portfolio of client services.
“Our partnership with BenXchange is a big step towards accomplishing our goal of fixing the epidemic of inappropriately invested 401(k) plans with a simple, scalable, professional service. We find this an ideal partnership given BenXchange’s commitment to connecting its employer organizations with the most professional and reputable retirement services available in the marketplace” said Chris Costello, co-founder and CEO of blooom.
“BenXchange is excited to partner with Blooom. It is our continued mission to deliver the best products and services to our clients. This partnership allows us to provide another level of dedication for our clients with 401k plans” said Timothy Hillert, CEO of BenXchange.
BenXchange is a user-friendly financial marketplace that empowers consumers to make objective decisions about insurance and retirement plans/ plan providers. Serving the community BenXchange is committed to providing unbiased advice, valuable insight and customizable product solutions.
Combining expert attention to detail with a robust due diligence process that consistently analyzes insurance and retirement plans/ plan providers, BenXchange evaluates all possible solutions and educates via clear explanation. The result is that consumers can confidently determine what is in their best interest without sales pressure or uncertainty.
With over 100 years of combined experience across insurance and retirement markets, BenXchange’s team has helped thousands of clients successfully navigate their way through the maze of insurance and retirement plans/ plan providers. Learn more about how BenXchange can help you and your business.
Founded in 2013, blooom (www.blooom.com) is an online tool that assesses a client’s employer sponsored retirement account in about five minutes from start to finish – and provides ongoing professional management through to retirement. Blooom uses a simple, everyday analogy of a flower to communicate the health of the 401(k). The algorithm blooom uses runs more than 100,000 calculations to identify the ideal dollar amount to invest in each fund and then blooom places the trades for the client.
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