Facts and Insights
Financial Engines Advisors L.L.C. (Financial Engines) is a leading independent investment advisor providing personalized financial planning and investment management services. With over 20 years in business, the company has established itself as a trusted partner for individuals and businesses alike.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $169 billion | 1,300+ | 20+ years |
Financial Services Offered
Financial Engines offers a wide range of financial services to help clients achieve their financial goals. These services include personal financial planning, investment management, retirement planning, tax planning, and estate planning.
Client Types
Financial Engines caters to a diverse group of clients, including individuals, families, and businesses of all sizes. The company’s financial advisors have the experience and expertise to understand the unique needs of each client and provide customized solutions.
Fees & Compensation
Financial Engines operates on a fee-only compensation structure, meaning that the company does not receive any commissions or sales incentives from third-party products or services. This ensures that the company’s advisors remain completely unbiased in their recommendations and always act in the best interest of their clients.
Background
Financial Engines was founded in 1996 by Nobel Prize-winning economist William F. Sharpe and financial advisor Joseph A. Grundfest with the goal of making high-quality financial advice accessible to everyone. In 2018, the company was acquired by Edelman Financial Engines, a leading financial planning and investment management firm.
Financial Advisor Disclosures to Know
Financial Engines Advisors L.L.C. is registered as an investment advisor with the Securities and Exchange Commission (SEC) and operates under a fiduciary standard, meaning that the company is legally required to act in the best interest of their clients. This ensures that clients can trust the advice and recommendations provided by their financial advisors.
In conclusion, Financial Engines Advisors L.L.C. is a reputable and experienced financial advisor that offers a range of services to help clients achieve their financial goals. With a focus on unbiased advice and a fiduciary standard, the company is committed to acting in the best interest of its clients and providing personalized solutions tailored to their specific needs.