Ep #16: Streamlining the RFP Process from Months to Minutes with Ray Conley from Benetic
How can retirement plan advisors leverage technology to drive efficiency and increase profitability when conducting RFPs.
How can retirement plan advisors leverage technology to drive efficiency and increase profitability when conducting RFPs? My guest today is Benetic CEO Ray Conley. Benetic is a new advisor-centric platform that brings together record keepers, asset managers, and other service providers. Advisors can search for and select plan service providers, choose a fund lineup, and generate a proposal in minutes making the selection and maintenance of retirement plan services easier and more efficient.
On today's episode, Ray and I discuss his background as a venture capitalist and fintech in the ERISA space. We also take a deep dive into Benetic, how the platform works, the revenue model, how data and privacy is handled, as well as much more.
