Sale of Fortress Financial Group and Subsidiaries to Pali Capital

(prHWY.com) October 25, 2012 - New York, NY -- Fortress Financial Group has made a name for itself in the last twelve years. With the increased dispersion of their retirement platform, Super401k, Fortress Financial Group has partnered with banks and mutual fund companies all over the United States. In forming these agreements with other financial institutions, Fortress Financial Group has made the process of learning about corporate retirement plans much more accessible to existing and future clients.

Starting in early 2000, after the successful launch of Super401k, Fortress Financial Group went through negotiations with banks and financial institutions to offer co-branded back office solutions. Their platform Super401k is an extensive package, offering online education and enrollment, open architecture, investment advice and a self-directed brokerage window that is free of charge upon its first use.

From 2000 to 2003, Fortress Financial Group had successful negotiations with California Bank and Trust, Federated Investors of Pittsburgh, Pennsylvania, Invesco Funds, and Southwest Securities of Dallas, Texas. The deal between Fortress Financial Group and California Bank and Trust was especially successful, notes the president of one of its subsidiaries, Jeff Richie. "Our negotiations with California Bank and Trust really helped build our company's reputation on a national level," claims Jeff Richie.

Pali Capital noted Fortress Financial Group's marked success, and in May 2005, they entered into an agreement with Fortress Financial Group to buy the company's retirement platform, Super401k. In addition to the sale of Super401k, Pali Capital took on all of Fortress Financial Group's subsidiaries. This included Fortress Financial Securities Corp., Fortress Investment Advisors, and Fortress Benefits Administrators. Following this agreement, the management team at Pali Capital formed a new parent company. At the same time, it changed all of the former Fortress Financial Group subsidiaries' names to Pelion. The subsidiaries were then recognized as Pelion Securities Corp., Pelion Investment Advisors, and Pelion Benefits Administrators.

The retirement platform created by Fortress Financial Group continues to be used by clients of broker-dealers, investment advisers, and employees based at small and large companies. Its user-friendly interface and thorough financial guidance allow users to make informed decisions about how they want to invest their wealth and how they want to handle their retirement options. Pali Capital continues to see demand for the Super401k platform.

About: After proving itself as a legitimate financial advising institution, Fortress Financial Group has successfully sold its retirement platform and its subsidiaries to Pali Capital.

Contact: (951) 296-2244
40880 County Center Drive
Temecula, CA 92591
Visit : http://www.manta.com/c/mx23655/fortress-financial-group

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