Guardian to Offer PMFM Investment Advice to Participants

December 15, 2004 ( - The Guardian Insurance & Annuity Company, Inc. (GIAC) has contracted with PMFM to facilitate offering of PMFM's investment advisory services to participants in plans using The Guardian Advantage as their funding vehicle.

A news release said PMFM’s 401k Toolbox offers investment advice tools providing K plan participants access to online education, portfolio modeling, and risk assessment tools, as well as investment advice services.   In addition, participants may sign up for individual account management through the 401k Toolbox “Manage It For Me” option. The Guardian Advantage, a group variable annuity, and is a funding vehicle for certain qualified retirement plans.  

The contract with PMFM is part of GIAC’s reintroduction of The Guardian Advantage, through its national distribution and marketing alliance with Distribution Partners, LLC (DP) and DP’s Independent Pension Consultants.

GIAC has also added four new fund families to the list offered through its newly re-launched Guardian Advantage contract.   The fund families are:

  • Delaware Investments
  • Goldman Sachs
  • State Street Global Advisors
  • T. Rowe Price.  

AIM, American Century, Dreyfus, Fidelity, Franklin/Templeton and Guardian Investor Services manage other funds offered through the product.

“PMFM’s 401k Toolbox features different approaches for different investors,” said Dennis Mosticchio, Senior Vice President, Group Pensions, Guardian, in the news release. “Participants can manage their own account with independent help, or have experienced and objective professionals who can make the tough decisions on their behalf.   Employees get retirement solutions that fit their individual needs and employers can provide their staff with the opportunity to receive much needed investment advice.”

More information about Guardian is at .