SPS administers plans with every major recordkeeper and custodian. We are adding new partners continuously. In addition to the recordkeepers listed below, SPS provides TPA services for plans using SDBAs with the major wire houses, regional BDs, clearing firms such as Pershing, and discount brokerages such as Schwab and Ameritrade. Employers are not required to change their financial institution to use our services. If you do not see your custodian on our list, just ask!