MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, November 15, 1999 Pru Jumps On Financial Engines Bandwagon Prudential Investment Retirement Services and the 8,000 sponsors and nearly 1.2 million participants it services will be offered Financial Engines' Investment Advisor product for specific third-party advice.
After completing a session with the Advisor service, participants can implement decisions concerning their investments based on the Advisor service's investment recommendations. Financial Engines, a registered investment advisor, will serve as the investment advisor and fiduciary. "Our partnership with Financial Engines allows us to fill a need that many retirement plan sponsors are trying to cope with these days," said Ken Montgomery, president of Prudential Retirement Services. "Their Advisor service provides independent, third-party investment advice to those plan participants who want it, and complements the in-depth investment education we're already providing," Montgomery added. Printed from: MFWire.com/story.asp?s=25120 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |
