Vynntana™ Releases Choice Architecture

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Vynntana™ Introduces Choice Architecture_ Providing Local 403(b) Plans with Institutional Platform for Plan Governance-01

Vynntana™ is a choice architecture plan governance platform offered by Verity Asset Management (VAM), a Durham-based Registered Investment Advisor. Vynntana™ blends customized local services and governance oversight with institutional pricing.

By providing a multi-provider environment through a master recordkeeper, Vynntana™ offers the flexibility of a retail model with institutional controls to 403(b) and 457(b) employer sponsors and the non-ERISA retirement plans they provide for their eligible K-14 public school, college, church, governmental agency, and non-profit employees.

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“The customization and flexibility of Vynntana™ is a critical element,” says Amy Simonson, Vice-President of Finance & Operations at Verity. “It allows sponsors to design solutions for their specific situation. Take the current termination of the NC 403(b) program by the state of North Carolina, for example. The flexibility of Vynntana™ has been critical in building very specific solutions to meet the challenges presented by that deconversion.”

Rob McLean, Chief Governance Officer at Verity adds, “With Vynntana™ you have control over your plan. You can introduce features that are tailored towards your employees, whether those are plan level or investment provider features. Vynntana™ gives employers the opportunity to strengthen their plan with very carefully selected providers, an independent record keeper, an independent custodian and a customizable investment menu.”

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