Anybody know if one can BOR a Paychex 401k plan? I am currently BOR at ML, looking to leave, and wondering if I can pick this back up on the other (Indy BD separate from my RIA) side.

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Why do you think that you couldn’t ?

Yes, client needs to write a letter

Not necessarily. Some Paychex plans are structured and priced to have a BOR. Some are just set up “in house”.

Sorry- didn’t read the OP closely. If there is a plan you’re already BOR on, transferring it if you move to new firm should be easy...

Also, does ML have a special arrangement with Paychex that the plan has to reside on a Paychex/ML platform at Paychex? I work at a 401k recordkeeper and ML has this arrangement. When a ML FA leaves ML, FA has to change platforms in my firm to one they are able to advise

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