Nationwide Unveils New Option Plan for CPAs, RIAs

Columbus, Ohio (May 1, 2003) -- Financial services provider Nationwide Financial launched Plan Advisory Service, a fee-based payment option allowing CPAs and registered investment advisors to offer clients Nationwide’s Best of America Retirement Resource and Retirement Advisor programs without being a registered representative.

Under the option, CPAs and RIAs can select several fee-based options including a percentage of plan assets, a specified fee per participant or a specified fee for the plan.

The company’s Retirement Resource offers roughly 500 investment options, while the Retirement Advisors comprised of variable and fixed annuities, offers 50 investment options.

-- WebCPA staff

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