Great Bend, KS-based CPI Qualified Plan Consultants, Inc., a third-party recordkeeping and administration company, has added the collective investment funds and exchange-traded funds advised by First Trust Advisors L.P to its retirement platform.
John Daly, VP of 401(k) investments at First Trust said, "We are seeing a rapidly growing demand for non-mutual fund investment alternatives like our collective investment funds and exchange-traded funds. We are excited by the quality and depth of the advisors that CPI is working with."
Based in Wheaton, IL, First Trust Advisors L.P., along with its affiliate First Trust Portfolios L.P., manages some $54 billion as of February 29, 2012, through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
