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Products March 7, 2007
Retirement Counseling Service Launches
Chicago-based Longevity Alliance has unveiled a new service that provides ongoing financial counsel focusing on income planning in retirement for middle-market retirees.
Reported by Fred Schneyer
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.