ETF-Based Retirement Plan Launched | ETF Trends

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.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.