Investment Company Institute, the largest automated defined contribution managed account provider is one of just a few robo services competing for defined contribution retirement plan member. This is currently one of the hottest areas of specialisation with more than 75 million US baby boomers approaching retirement, according to an Financial Engines report. The deal with Wells Fargo means that from mid-2016 its software will be available on the banks platform.
Financial Engines, the largest automated defined contribution managed account provider is one of just a few robo services competing for defined contribution retirement plan member. This is currently one of the hottest areas of specialisation with more than 75 million US baby boomers approaching retirement, according to an Investment Company Institute report. The deal with Wells Fargo means that from mid-2016 its software will be available on the banks platform.