TIAA-CREF, a provider of financial management services with combined assets of more than $350 billion, has signed a contract with RolloverSystems to provide IRA services.
Charlotte-based RolloverSystems provides automated rollover services to streamline the process. RolloverSystems will also include individualized fulfillment services for TIAA-CREF customers.
“This deal is consistent with a larger industry trend to make retirement account rollovers as efficient as possible without compromising service,” said Reginald Bowser, founder and chief executive officer of RolloverSystems. “Our independent, unbiased automated platform will provide a true service to those among TIAA-CREF’s 3.2 million retirement services customers who require a simple, effective rollover solution for their accounts.”