Securian Financial is expanding its retirement plan distribution relationship with SageView Advisory Group with the introduction of SageView Personalized Portfolios—an advisor managed account solution that maximizes personalization to manage risk and help employees of all ages reach retirement income goals.
SageView Personalized Portfolios securely leverage employee data to create an investment allocation unique to each employee. Using data already provided streamlines processes and keeps costs reasonable. Employees who want to provide additional data can do so to further personalize their allocation.
SageView works with each plan sponsor to develop an investment menu that addresses the unique needs of the company’s employee base while adhering to fiduciary best practices. From there, participants who enroll in SageView Personalized Portfolios receive customized asset allocations that align with their financial situations and retirement goals. SageView partners with Stadion Money Management to ensure that participant portfolios are monitored continuously and remain suitable as finances and life circumstances change over time. All aspects of portfolio management are integrated with Securian Financial’s recordkeeping system, resulting in a seamless experience for SageView, employers and employees.
“We are excited about helping American workers access personalized investment assistance via Securian Financial and Stadion. Our client-first business philosophies complement our collective end-goal of providing meaningful solutions to support employees’ retirement income goals,” said Christopher Donnelly, QPFC, chief advisory services officer, SageView Advisory Group.
“We’re delighted to work with an industry-leading firm like SageView,” said Steve Chappell, Securian Financial vice president for retirement solutions distribution. “Our innovative approach to managed accounts, complemented by high-touch client service provided by long-tenured retirement specialists, are powerful tactics that support SageView’s advisors as they help employees reach their retirement income goals and assist employers with providing a highly competitive benefit in today’s challenging hiring environment.”
A history of retirement plan service excellence
Securian Financial has been helping people save for retirement since 1930. Its platform features long-tenured retirement specialists, fiduciary-friendly fee levelization practices and extensive administrative outsourcing, most of which is offered at no additional cost. Securian Financial provides services to employer-sponsored retirement plans through group annuity products issued by Minnesota Life Insurance Company.
ABOUT SAGEVIEW ADVISORY GROUP
SageView Advisory Group, LLC, is an employee-owned and independent SEC-Registered Investment Advisor (RIA) with over 160 employees located in 25 offices nationwide. The firm provides unbiased retirement plan and wealth management consulting services to clients throughout the U.S.
ABOUT SECURIAN FINANCIAL
At Securian Financial, we’re here for family. And we’re here because of it. We’re guided by our purpose: helping customers build secure tomorrows. Since 1880, we’ve been building a uniquely diversified company that has outlasted economic ups and downs while staying true to our customers. We’re committed to the markets we serve, providing insurance, investment and retirement solutions that give families the confidence to focus on what’s truly valuable: banking memories with those who matter most.
ABOUT STADION MONEY MANAGEMENT
Established in 1993, Stadion Money Management is an independent firm headquartered near Athens, Georgia. Stadion works with financial professionals, asset managers and recordkeepers to build custom retirement plan and participant level investment solutions.
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Personalized Portfolios are based on generally accepted investment principles, leverage employee data already in the plan and are created and maintained by a plan’s Registered Investment Advisor. The assets of each Personalized Portfolio are held in a group variable annuity contract issued by Minnesota Life Insurance Company as selected by the plan sponsor. Securian Financial provides the administrative recordkeeping services for the portfolios and charges a fee for this service. Stadion Money Management, LLC. provides the Personalized Portfolio allocation services. SageView Advisory Group and Stadion Money Management, LLC. are not affiliated with Securian Financial Group or Minnesota Life Insurance Company.
Securian Financial’s qualified retirement plan products are offered through a group variable annuity contract issued by Minnesota Life Insurance Company.
Securian Financial is the marketing name for Securian Financial Group, Inc. and its subsidiaries. Minnesota Life Insurance Company is a subsidiary of Securian Financial Group, Inc.
DOFU 10-2021
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Contacts
Securian Financial
Jeff Bakken, Media Relations
651-665-7558
jeff.bakken@securian.com
