LONDON, UK / ACCESSWIRE / February 08, 2018 / Active-Investors.com has just released a free research report on Financial Engines, Inc. (NASDAQ: FNGN). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/'symbol=FNGN as the Company's latest news hit the wire. On February 06, 2018, Financial Engines and Automatic Data Processing, Inc. (NASDAQ: ADP) ("ADP") announced that they have formed a strategic partnership of offer Financial Engines' independent and comprehensive advisory services to all ADP's clients. The win-win arrangement will allow Financial Engines to expand its business and gain access to ADP's clients, while ADP will expand its financial services offerings and clients will benefit from Financial Engines' expertise. Register today and get access to over 1,000 Free Research Reports by joining our site below:
www.active-investors.com/registration-sg
Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Financial Engines and Automatic Data Processing most recent news is on our radar and our team decided to put out fantastic reports on these companies that are now available for free below:
www.active-investors.com/registration-sg/'symbol=FNGN
www.active-investors.com/registration-sg/'symbol=ADP
Details of the Strategic Partnership
As per the terms of the partnership, Financial Engines will offer independent and comprehensive advisory services to all types of employers using ADP's services. Additionally, ADP will offer Financial Engines' full suite of investment advisory services to its Retirement Services clients. ADP plans to launch the Financial Engines' advisory service offering on its platform in the summer of 2018. This partnership will expand ADP's portfolio of retirement solutions offerings and enable participants to get better advice for managing day-to-day expenses and handling broader financial challenges.
This is the first time that ADP's Retirement Services clients will get access to Financial Engines' full bouquet of advisory services. Financial Engines will provide ADP clients the ability to engage with employees and providing them the best retirement options so that they take informed decisions with regards to their retirement planning and savings.
Commenting on the strategic partnership, John Bunch, Executive VP and COO - Financial Engines, said:
"This relationship enables us to provide unbiased financial help to employees who work for businesses of all sizes, and who may not have had access to Financial Engines' market-leading, unconflicted services in the past. It also enables us to build deeper relationships, especially through our Personal Advisor service."
Chris Luongo, VP - Product Marketing & Business Development, ADP Retirement Services, added:
"ADP and Financial Engines share the goal to leverage technology to improve participants' experiences. This underscores ADP's commitment to financial wellness and gives employees sound financial resources, so they can be confident in their retirement planning and savings decisions."
Advisory Services Covered Under the Partnership
Under the aegis of the partnership, Financial Engines' direct advisory services offerings include:
- Online Advice wherein participants who want to manage their retirement planning on their own can get customized online savings and investment advice and retirement income services.
- Professional Management wherein participants who want their retirement accounts to be handled by a professional can get discretionary personalized management service.
- Income planning and Social Security claiming guidance wherein participants can get advice on the matter from a Financial Engines' nationally recognized Social Security Planner.
- Personal Advisor wherein participants can get personalized professional management for all their accounts viz., 401(k), IRA and taxable accounts, comprehensive financial planning, and a dedicated advisor.
Employee participants availing these services in combination with ADP's financial wellness program will be in able to handle financial decisions related to their retirement with confidence and meet their retirement goals. Apart from these advantages, participants will also get access to Financial Engines' non-commission-based Investment Advisor Representatives, independent online investment advice, and ongoing financial wellness programs and education.
About Financial Engines, Inc.
Founded in 1996, Sunnyvale, California-based Financial Engines is one of the largest independent investment advisor in US. The Company provides personalized objective, fee-based advice and asset management to employees of Fortune 500 Companies using the Company's services and solutions. The Company believes that all Americans -- not just the wealthy -- should have access to high-quality, unbiased financial help and its client's best interests should always come first. At present over 700 of the nation's most respected employers trust Financial Engines to offer professional financial help to more than nine million employees nationwide. All advisory services are provided by Financial Engines Advisors L.L.C.
About Automatic Data Processing, Inc.
Roseland, New Jersey-based ADP is a comprehensive global provider of cloud-based Human Capital Management (HCM) solutions that unite HR, payroll, talent, time, tax and benefits administration, and a leader in business outsourcing services, analytics and compliance expertise. ADP helps organizations of all types and sizes unlock their business potential. The Company celebrated 68 years in business in 2017 and has been offering cloud-based software to its clients for the last 18 years. ADP has serviced more than 650,000 clients in over 110 countries till date.
Stock Performance Snapshot
February 07, 2018 - At Wednesday's closing bell, Financial Engines' stock was slightly down 0.36%, ending the trading session at $27.85.
Volume traded for the day: 417.85 thousand shares.
After yesterday's close, Financial Engines' market cap was at $1.80 billion.
Price to Earnings (P/E) ratio was at 36.31.
The stock has a dividend yield of 1.01%.
The stock is part of the Financial sector, categorized under the Asset Management industry.
--
Active-Investors:
Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
A-I has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@active-investors.com
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Active-Investors
