Boston Firm Unveils Advice Offerings
LTSave, Inc. announced that its advice products can be delivered to participants either by the plan sponsor or through the plan provider. The company said it functions as a fiduciary for the purposes of ERISA.
The company said its advice offering develops a portfolio for the employee based upon investment options available in the sponsor’s plan. It provides the participants with specific rebalancing recommendations, which they can implement on a self-service basis. For participants who elect to do so, LTSave also offers to manage their account on a discretionary basis.
Finally, LTSave provides one-on-one advice to participants who wish to speak with an investment professional and hosts participant group sessions to educate plan participants about retirement-savings issues. For more information about the Boston, Massachusetts-based company’s products, go to www.ltsave.com .
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