ETF-Based Retirement Plan Launched
February 13th at 1:04pm by Tom Lydon
A recent press release reported that National Planning Corporation (NPC) is launching a 401(k) retirement plan program with exchange traded funds (ETFs). Designed for small and mid-sized companies the plan gives all participants access to personalized, one-on-one investment advice from an experienced financial adviser. Exchange traded funds (ETFs) managed by Avatar Associates is in the plans primary investment option. Once dominated by mutual funds, the retirement plan market is ready for the efficient, affordable ETFs, which are an attractive option for both plan sponsors and participants.
The plan is designed for the plan participants, with NPC’s program giving individual consultation from an experienced financial adviser at no extra cost, five-fully diversified portfolios, managed and rebalanced regularly by Avatar. This plan gives all employees in a company access to personalized service and targeted asset allocation.
