Edelman Financial Engines is an independent investment advisory firm. They are not affiliated with any brokerage firms and receive no financial incentives to recommend particular products. They compensate themselves based on the value of the client’s assets under management. Edelman Financial Engines offers a number of services for their clients, including retirement plan management and advising clients on how to best invest their money.
Edelman Financial Engines has been in business since 1986 and currently has over $291 billion in client assets. It has 1.3 million clients. The company has over 30 offices throughout the United States, including in London. The company has also launched an audio podcast called Everyday Wealth, which covers personal finance and wealth management.
The company operates through a nationwide network of financial advisors. Its services are designed to help people plan their financial future and achieve financial independence. The company offers both automated technology-enabled solutions and in-person advice from a financial planner. The company was acquired by H&F in 2015. The company is headquartered in Sunnyvale, California.
Edelman Financial Engines charges its clients according to their assets under management. The fees depend on whether the client invests as an individual or through an employer-sponsored plan. Edelman Financial Engines’ website does not include details on employee costs. However, it does charge a minimum quarterly fee of $225.
Edelman Financial Engines has seen growth in new client accounts by 48 percent. It has also seen an increase in the number of assets under management. With this new tool, the company is able to offer continuous financial education and engage prospects. They have also expanded their webinar content. If you’re looking to reach a wide range of clients, Edelman Financial Engines may be the answer.
Edelman Financial Engines provides investment management, financial planning, and retirement income solutions to individuals and institutions. The firm works with high-net-worth individuals, retirement plans, and profit-sharing plans, as well as charitable organizations. The firm focuses on each client’s unique needs and desires. Each client’s liquidity needs, time horizon, and preferred investment types are taken into consideration. It then recommends specific investment strategies to meet each client’s needs and objectives.
In addition to focusing on retirement savings, Edelman Financial Engines also aims to provide education on retirement planning for underrepresented communities. The company is collaborating with the CFP Board Center for Financial Planning to offer this education. It also awards scholarships that award up to $5,000 to individuals. It also strives to create a more diverse workforce.