First Western Trust Launches Third Party Administrative (TPA) Services
January 5, 2016
DENVER, Colo – January 5, 2016 – First Western Trust has expanded its retirement consulting offering with the recent launch of Third Party Administrative (TPA) services.
Under the leadership of ERISA Consultant, Eileen Baldwin-Shaw, First Western Trust’s TPA services will provide comprehensive compliance and administrative support to 401(k) and retirement plan sponsors.
“More than ever, plan sponsors are facing a more stringent regulatory environment, but it is extremely difficult for business owners to be experts in retirement planning and still manage their businesses,” said Paula Hendrickson, director of retirement consulting services. “With the addition of Eileen and our TPA services team, we offer our clients more holistic advice and expertise so they can provide retirement plans in a compliant manner.”
The TPA services group offers retirement plan design to customize all aspects of their clients’ retirement plans; retirement plan consulting to educate plan sponsors about plan operations and processes; and compliance services to provide industry-wide best practices to ensure that plan sponsors remain up-to-date on all regulations.
“When we meet with a business owner or a plan sponsor, we are truly consultative in our approach,” explained Eileen Baldwin-Shaw. “We work closely with them to understand their objectives and build a customized plan to reach their goals. Only by creating a true partnership are we able to successfully shape a plan that meets the plan sponsors’ needs while supporting them through all of the complex compliance requirements of a retirement plan.”
About First Western Trust
First Western Trust’s mission is to be the best private bank for the Western wealth management client. The integrated wealth management firm delivers a complete package of goals-oriented wealth advisory services to clients that have a uniquely Western spirit from its 14 offices in Colorado, Arizona, California, and Wyoming.
Through its proprietary ConnectView service model, First Western delivers tailored solutions, spanning personal, business, mortgage and philanthropic needs.