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Vertical Management Systems to Provide its Retirement Revolution Services to NextLevel(k)PASADENA, Calif., June 21, 2016 /PRNewswire/ -- Vertical Management Systems, Inc. (VMS), one of the nation's leading providers of data, financial networking and account aggregation technology, is pleased to announce that it has been selected by BCJ Financial Group to provide recordkeeping services for its NextLevel(k) retirement platform. VMS will oversee approximately 200 plans with assets of more than $300 million in conjunction with BCJ, an Arizona-based retirement plan advisor. "Increased scrutiny by regulators over retirement plans makes it more important than ever for plan advisors to increase transparency when it comes to fees," said David Carroll, head of the retirement plan group at BCJ Financial Group. "We chose VMS as recordkeeper for our NextLevel(k) plans because of the benefits offered with its Retirement Revolution service. After reviewing the options, we considered Retirement Revolution the obvious choice for its open architecture, timely and accurate reporting and, most importantly, the ability to provide complete transparency surrounding fees associated with the plans." "We developed Retirement Revolution expressly to help plan advisors fulfill their role as plan fiduciaries," added Kevin Rafferty, president and CEO of VMS." The recent DOL ruling puts plan advisors like BCJ under the microscope by requiring an unprcedented level of scrutiny. With our Retirement Revolution service, retirement plan advisors can rest assured that they will meet the expectations of all their constituents—the plan, plan participants and regulators." VMS's Retirement Revolution offers open architecture—the ability to choose any investment for inclusion in the plan—as well as 100% fee and mutual fund revenue transparency and the ability to calculate income at the participant level, down to the number of days a participant has been in a fund. For more information about Retirement Revolution and other services offered by VMS, visit vmsholdings.com. About Vertical Management Systems, Inc. (VMS) About BCJ Financial Media Contact: Photo - http://photos.prnewswire.com/prnh/20160620/381203LOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/vertical-management-systems-to-provide-its-retirement-revolution-services-to-nextlevelk-300287722.html SOURCE Vertical Management Systems, Inc. |