Get more! Sign up for PLANSPONSOR newsletters.
Products March 6, 2007
Chicago Firm Offers Retirement Income Advisory Service
March 6, 2007 (PLANSPONSOR.com) - Chicago-based
Longevity Alliance has unveiled a new service for
middle-market retirees that features investment
diversification to minimize risk and income planning and
portfolio monitoring.
Reported by Fred Schneyer
A news release said the service provides ongoing financial counsel focusing on income planning in retirement.
Now available through Longevity Alliance’s call center, investment counselors walk consumers through a free step-by-step assessment of their current investment strategy, according to the announcement.
The consumer receives a brief written investment
strategy. Once the investment strategy is implemented, it
is continuously monitored for optimum performance. The
advisers also work with the consumer to rebalance the
portfolio or change the objectives to fit their current
resources and needs, according to the company.
The core investments in the recommended portfolio
include index funds, both exchange traded funds (ETFs) and
open-end funds, the announcement said. The total expense to
customers for the Longevity financial service is targeted
to be 1% or less of the amount invested.
According to the announcement, investment advice is offered by Longevity Alliance employees who are registered representatives of Cambridge Investment Research Advisors, Inc., a registered investment adviser.
More information is at www.longevityfinancial.com .