Columbia Management, Bank of America's investment management division, has launched the Columbia Management Retirement Learning Center to educate Columbia's wholesalers and internal sales staff, as well as financial advisers who work with the company, on how to better serve clients with respect to their retirement and rollover plans.
The center will provide electronic and print publications and in-person seminars on a variety of topics, including: IRA consolidations, lump-sum distributions from defined benefit plans, net unrealized appreciation, in-service transfers, 403(b) plan transfers, 457 government plan rollovers, wealth harvesting, income strategies and ERISA guidelines.
Columbia is offering the center in partnership with the Retirement Learning Center, an organization of retirement information specialists based in Brainerd, Minn.
"The Columbia Management Retirement Learning Center is our way of providing an exclusive, critical service to financial advisers," said Donald Froude, head of intermediary distribution. "Retirement planning is a complex part of an investor's complete financial profile. Through this resource, we can give our partners useful and up-to-date information and materials so they can help provide strategies for their clients."