Turnkey

FSMA-Mark-Rated-TurnKeyVendor of Multiple Services


A turnkey vendor offers a type of service that is constructed so that it can be sold to any retirement plan sponsor as a completed program. A common turnkey program would include investment advice, recordkeeping, and third party administration all offered by the same vendor. Turnkey vendors are contrasted with vendors that sell only a category specific service such as investment advice.

 

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