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Press Release For Immediate Release For additional information: North Point announces complete fiduciary mutual fund platform based upon a flat fee structure SAN FRANCISCO, CA. January 31, 2006 - North Point has designed this service for the $100 million and under defined contribution marketplace. The service will contain web based features and will be priced as a function of the number of funds a plan has. "There will be a universe of plan sponsors looking to reduce their administrative burden by a minimum of 30%" stated NPA CEO Adrian Anderson. North Point currently monitors over a thousand mutual funds per quarter. |
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