Investment Advisory Services

Alight Financial Advisors provides investment advisory services to participants in employer sponsored retirement plans, utilizing the proprietary platforms of Edelman Financial Engines. These services include Online Advice, Professional Management Program, Income Beyond Retirement and access to Personal Advisor.

Online Advice

Designed for participants who prefer to manage their own accounts, Online Advice provides participants with specific, personalized savings and investment advice to help them reach their retirement goals. Easy and convenient to find, Online Advice is integrated on Alight Worklife, making advice readily available.

Participants see a forecast that shows how likely they are to reach their desired retirement goals. Through Online Advice, participants are provided recommendations on which investments to buy or sell and simulate how their portfolios might perform under a wide variety of economic scenarios. Participants can further personalize the advice provided by adding in additional sources of income that may be available at retirement (e.g., after tax savings, other retirement plans). They can also change other assumptions used in calculating income at retirement, including retirement age and risk preference. All customizations are created in real time, using built-in forecasting tools available on the Online Advice website.

Professional Management

For participants who lack the desire, time, or investment expertise to manage their own retirement accounts and “just want a professional to handle it for them”, the Alight Solutions Professional Management program offers personalized, professional ongoing portfolio management.

An initial Retirement Plan is created, and the participant is encouraged to further personalize his or her plan by providing more information on personal preferences, risk tolerance and other assets that he or she holds outside of the employer sponsored retirement plan account. The Retirement Plan includes three key components: an investments plan, savings plan, and retirement income plan. It summarizes the planned changes in asset allocation for the retirement account.

On an ongoing basis, each participant's portfolio is reviewed. Transactions are executed, if necessary, to reallocate the investments. Participants stay on track through a quarterly Retirement Update report that shows how they are progressing toward their retirement goals and describes any changes made to their investment allocations. At any time, participants can speak with a registered Investment Advisor to discuss their progress or further tailor their portfolio to their personal circumstances.

The Professional Management program helps participants transition into retirement through a Retirement Check Up. All members 50+ years old are invited to partake in a phone consultation with an advisor with a focus on their goal, additional outside investment accounts and other sources of income.

Income Beyond Retirement

An optional feature of Professional Management, Income Beyond Retirement (IBR) is a comprehensive retirement income solution designed to address each individual’s unique income and spending needs. IBR provides flexibility for the participant in balancing growth and safety in their portfolio. IBR provides the flexibility for the user to receive steady monthly payouts that can last for life,* and allows members flexibility in the timing and amount of their payouts. Members choose when to start their payouts. They also can suspend payouts at any time or take unplanned withdrawals for expenditures above and beyond normal scheduled amounts.

Personal Advisor

An optional service, Alight Financial Advisors offers access to Financial Planners from Edelman Financial Engines. Participants can work with a dedicated financial planner to receive guidance and education on financial topics, as well as holistic financial advice and planning.

*Requires purchase of an out-of-plan annuity. Issuer minimum purchase requirements may apply.

Alight Financial Advisors, LLC (AFA) to provides investment advisory services to plan participants in Defined Contribution Plans. AFA has hired Financial Engines Advisors L.L.C. (FEA) to provide sub advisory services. AFA is a federally registered investment advisor and wholly owned subsidiary of Alight Solutions, LLC. FEA is a federally registered investment advisor. Neither party guarantees future results. All marks are the exclusive property of their respective owners. © 2024 Edelman Financial Engines, LLC. Used with permission.