Edelman Financial Engines has launched a workplace financial wellness platform that will provide information and support during major life events and milestones. These include significant family or health changes, a new job or a promotion and decisions around saving for college and retirement, the company said in a press release.
The platform, called Momentum by Edelman Financial Engines, will be available to participants in the retirement plan programs managed by the firm.
The platform features a library of digital content, webinars and educational tools and assessments. Employees also have unlimited access to live, one-on-one counseling and planning sessions with credentialed advisers.
Edelman said its Retirement Readiness retirement advice and management service will continue to remain available as a standalone offering, while the availability of the full suite of its new service will vary.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
