An advisor services arm of Charles Schwab Corp. will be offering the Laser App form and application tool to the independent registered investment advisory (RIA) firms it serves.
Schwab, San Francisco, will make the Laser App tool available to about 6,0000 RIA firms that use Schwab custodial services.
The Laser App tool, from Laser App Software Inc., Ontario, Calif., helps users fill out and check the accuracy of online forms. Schwab-affiliated RIA firms will be able to use the tool to pull information from customer relationship management (CRM) systems and the Schwab Advisor Center website into forms, Laser App says.
In other business growth news, Phoenix Companies Inc., Hartford (NYSE:PNX), is continuing to expand its relationship with the AltiSure Group L.L.C. distribution channel.
AltiSure, West Lake Village, Calif., designs and distributes life and annuity products through affiliated independent marketing organizations (IMOs).
The president of AltiSure, Niju Vaswani, previously was chief executive officer of Transamerica Life (Bermuda) Ltd., a unit of AEGON N.V., The Hague, Netherlands (NYSE:AEG).
AltiSure has distributing a single-premium indexed annuity (SPIA) for Phoenix.
The product has now been approved for sale in California and is available in 40 states, AltiSure says.
- Allison Bell