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Products April 22, 2003
Hewlett Davidson Releases K Plan Advice
April 22, 2003 (PLANSPONSOR.com) - 401(k) plan
sponsors now have another player to consider in the
investment advice space - Hewlett Davidson & Associates
LLC and its 401(k) Focus Advisor.
Reported by Fred Schneyer
According to an announcement, the product from Hewlett Davidson, a member of Raymond James Financial Services, provides specific advice to 401(k) investors through personalized recommendations generated by Raymond James Financial Services. R ecommendations are focused on reducing investment risk by using technical analysis employed by professional money managers.
The 401(k) Focus Advisor approach selects and monitors the investments offered in an investor’s 401(k) plan to ensure investment risk is consistent with market conditions. As conditions change, the investor will be notified to adjust his allocation.
An email provides a customized recommended allocation of the investments offered in his 401(k) plan. If there are any questions regarding the allocation, a Hewlett Davidson/Raymond James representative will be available to assist. The investor then makes the final decision to implement the allocation changes