Invesmart's RightPath Program Draws $700 Million in Assets; Average Portfolio Expenses Dip Below Industry Benchmark.

PITTSBURGH -- Invesmart, Inc., the national retirement financial services firm, reported that assets in RightPath, its next generation defined contribution (DC) plan, have surpassed $700 million, with close to 60% of participants choosing to enroll in the plan opting for discretionary account management. This figure represents both existing and converting assets.

RightPath was launched in late 2004, after four years of research and development, as a participant-focused approach to traditional Defined Contribution (DC) plans. At the enrollment meeting, an advisor representative of Invesmart Advisors, Inc. is prepared with information to show the participant an estimate of how much he or she needs to save for retirement. Participants then have the choice to manage their account themselves or elect an unbiased, fee-based managed account alternative where Invesmart Advisors manages the participant investments and contribution levels.

Since the program's inception, Invesmart has signed on 195 plans that have either converted or are in the process of converting to RightPath now. These plans represent a total of 20,000+ participants and $718.1 million in assets.

"RightPath effectively motivates participants to save more and invest smarter," said Kent Buckles, CEO of Invesmart. "The statistics on increases in contributions and elections for professional advice have remained consistent through the rapid growth in assets. And with the already low expense ratio declining, the program has the further important benefit of delivering high-quality advice in a cost-effective manner. "

Roughly 43% of participants who enroll in RightPath, with or without the managed account option, more than double their contribution amounts, moving from an average of 3.66% of pay to 7.90% of pay. Of those who enroll in the program, 57% choose the advice option. When plan sponsors subsidize all or part of the first year's fee for the advice option, the election rate jumps to 76%. "Based on what we know about retirement savings, we expect the participants who opt for the advice to get more satisfactory long-term results," says Mr. Buckles.

As assets in RightPath have grown, its average portfolio expenses declined to 46 basis points as of January 31, 2006. According to Invesmart's most recent Portfolio Cost Barometer, which calculates the average cost of investment management for best-of-breed institutional quality mutual funds--plan participants should pay no more than 50 basis points in expenses for a balanced portfolio of 60% equities and 40% bonds.

Mr. Buckles credits much of the success of RightPath to the face-to-face meeting between the plan participant and the advisor representative combined with the option of ongoing account management. "Retirement plan choices are important consumer decisions," he says, "and every consumer appreciates unbiased assistance in making an informed choice."

About Invesmart

Invesmart, Inc. is a national full-service retirement financial services firm. Invesmart combines one-on-one, personalized service and technology to help financial service intermediaries advise companies of all sizes in establishing and administering retirement plans. Invesmart provides investment advisory services through Invesmart Advisors, Inc. and brokerage services through Invesmart Securities, LLC, member NASD. Invesmart, Invesmart Advisors and Invesmart Securities are wholly owned subsidiaries of Invesmart, Inc., a Delaware corporation. Invesmart Advisors' relationship as co-fiduciary to the plan and/or to the participant is governed by the terms and provisions of a contractual agreement executed by Invesmart Advisors and the plan sponsor or the participant. Invesmart, Inc. and/or its affiliates do not retain any fund-related reimbursements for any of its investment advisory programs and do not offer any proprietary investments. Invesmart represents 4,000 (DC) retirement plans. Headquartered in Pittsburgh, Pennsylvania, the firm has 20 sales and service locations. Visit Invesmart's website at www.invesmart.com.