In the wake of a study that found registered investment advisors saw opportunity in the retirement plan space, but were nervous about the regulations involved, T.D. Ameritrade announced it would offer a turnkey program to allay their concerns.

T.D. Ameritrade Trust Co. said it relied on input from RIAs to create the retirement plan strategy, which combines recordkeeping, custody and third-party administration. The plan would include access to non-proprietary ETFs, funds and the RIA services of T.D. Ameritrade Institutional.

A report by T.D. Ameritrade found that 80 percent of RIAs saw opportunity in the $5.6 trillion defined contribution plan market. Grabbing a slice of that pie has allure for advisors, but the potential scrutiny from government agencies is a daunting prospect. The Department of Labor requires plan providers to fully disclose their services, compensation and fiduciary status.