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iraLogix, Inc. Completes Series A funding

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iraLogix, Inc., an industry-leading provider of technology-enabled, paperless, IRA recordkeeping solutions, announces that it has secured Series A funding from a strategic investor, Integrated Retirement Initiatives, Inc.

iraLogix offers a complete IRA recordkeeping solution that enables financial institutions to efficiently and cost effectively offer their best investment ideas and advice to all individuals saving for retirement, regardless of account size. As an independent technology and services firm with significant industry expertise among its leadership team, iraLogix is well positioned to provide real value to the IRA industry as market and regulatory pressures mount to create concern about cost of service and of recordkeeping on existing systems.

iraLogix clients benefit from a uniquely modular and conflict-free software and services platform that offers flexibility in investment, advice and custody options for IRA accounts of any type or any size. It is designed to integrate smoothly with any firm or organization in the IRA market regardless of market segment or systems capability. Clients may quickly deploy the solution along side existing, legacy technologies and operations without the need for additional systems development or additional staff. Partnering with iraLogix reduces the costly burden of administering accounts on systems that were not designed to handle these types of accounts.

Co-founder and Board Chair, James Haluszczak, stated that, “we are very pleased to partner with an industry leader such as Integrated Retirement and look forward to working closely with their team. Not only did their investment demonstrate a strong commitment to helping us grow our innovative IRA recordkeeping solutions, their IRA expertise and industry insights will be invaluable as we consult with clients to build their IRA solutions. Integrated Retirement CEO, Tom Anderson, said “iraLogix has assembled a talented leadership team, and with our vision and our values so closely aligned, we believe iraLogix will help financial organizations make IRA-based savings solutions more accessible and cost-effective, even for individuals with small IRA balances.” He added, “iraLogix is bringing real change to the industry as it uses innovative technology to help IRA providers grow their IRA business share and their profitability.”

About Integrated Retirement:

Integrated Retirement is an independent, privately held corporation with deep retirement plan and IRA expertise. Integrated Retirement delivers focused training solutions to a broad spectrum of retirement industry professionals including IRA call centers, retirement specialist advisors, emerging retirement plan advisors, and advisors with wealth management practices. Integrated Retirement content solutions (articles, newsletters, white papers, guides) are a critical component of many advisor value-add resource libraries made available through DCIOs, broker dealers, recordkeepers and custodians.

| Categories: Press Release | Tags: Press Release, retirement, IRA | Return

 

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