401k Forum to be Online Investment Advisor for Aetna Retirement Services.SAN FRANCISCO--(BUSINESS WIRE)--May 20, 1999-- 401k Forum, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , the leading provider of investment advice over the Internet and a registered investment advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in , today announced it has entered into an alliance with Aetna Retirement Services to provide Internet-based investment-advisory services to as many as 1.5 million participants in retirement plans administered by Aetna. 401k Forum's investment advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal -- including personalized, fund-specific investment allocation recommendations based on each employee's financial objectives, risk tolerance Risk Tolerance The degree of uncertainty that an investor can handle in regards to a negative change in the value of their portfolio. Notes: An investor's risk tolerance varies according to age, income requirements, financial goals, etc. and other assets other assets Assets of relatively small value. For financial reporting purposes, firms frequently combine small assets into a single category rather than listing each item separately. -- will be integrated into AetnaAccess Online, the company's proprietary full-service website for plan participants Plan participants Employees or other beneficiaries who are eligible to receive benefits from a company's employee benefit plan. . "The opportunity to be the online investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and for Aetna Retirement Services reinforces our position as the leader in delivering institutional-quality investment information over the Internet," said Steve Deschenes, President of 401k Forum. "We look forward to the opportunity to help the millions of plan participants among Aetna's clients make informed retirement savings decisions." "We're excited to be offering this new capability through 401k Forum to our plan sponsors and participants," said Tom McInerney, President of Aetna Retirement Services, Inc. "Every investor should have the opportunity to benefit from investment-advisory services, and our alliance with 401k Forum uses technology to bring that opportunity to a much wider audience." 401k Forum will begin offering its services to Aetna's plan sponsor clients over the next few months. Full implementation of 401k Forum's capabilities is scheduled to begin during the fourth quarter of 1999. 401k Forum, LLC, a registered investment advisor located in San Francisco, is a subsidiary of Emergent Advisors, a holding company dedicated to delivering independent and objective online investment advice to investors through 401(k), 403(b) and 457 plans, Individual Retirement Accounts, and to retail consumers. Aetna Life Insurance and Annuity Company, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Aetna Retirement Services, Inc., provides a full range of products for a lifetime of financial needs. Securities are offered by Aetna Investment Services, Inc. Aetna Life Insurance and Annuity Company, Aetna Investment Services, Inc., and Aetna Retirement Services, Inc. are subsidiaries of Hartford, Connecticut-based Aetna Inc., one of the nation's largest stockholder-owned insurance and financial services companies. |
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