Created in 2018 when Financial Engines merged with Edelman Financial Services, this is the largest independent registered investment advisor in the country by assets, with well over $200 billion under management and roughly 145 offices. Many clients arrive through their employer's 401(k) plan, where the firm runs managed accounts, then stay on into retirement. Planning covers Social Security timing, drawdown, insurance and the basics of estate work, and advisors answer on (800) 601-5957.
Scale is the selling point: a licensed planner within driving distance in most metro areas and a process repeated thousands of times. The trade-off is price, with percentage fees at the upper end compared to brokerage programs, and portfolios that follow house models rather than bespoke design. Advisor caseloads are heavy, so response times differ by office.
No reviews yet — be the first!