Alliance Benefit Group Announces Partnership with Foliofn

June 24, 2008 ( - Alliance Benefit Group Carolinas, LLC, provider of retirement plan consulting and recordkeeping services, announced it has entered into a strategic partnership with FOLIOfn Institutional, a division of FOLIOfn Investments, Inc.

According to the announcement, ABG Carolinas will be utilizing its defined contribution and defined benefit administrative services together with the custody and technological resources provided by FOLIOfn Institutional to offer advisers customized, professionally-managed retirement plan solutions. ABG Carolinas said several registered investment advisory firms are already on board and it is seeking to partner with more advisers who are looking for solutions outside the bundled mutual fund arena.

Alliance Benefit Group offers open architecture and full fee disclosure, while FOLIOfn Institutional provides Web-based technology which allows advisers to create customized “Folios” – baskets of securities one can buy, sell, exchange, update, or rebalance in a single transaction.

Advisers can purchase a group of stocks, exchange-traded funds (ETFs), or mutual funds and choose the weightings for those securities.

Call ABG Carolinas at (704) 523-4167 for more information.