Morningstar's Wironen Joins Advice Software Firm

March 6, 2001 ( - Jim Wironen, formerly President of Morningstar's Institutional division, has joined online advice software provider Acumation as EVP of Sales and Marketing.

Wironen led the development of Morningstar’s ClearFuture online advice product, according to the press release. Wironen left Morningstar in October.

Earlier, he held top-level positions at Fidelity Investments, Frank Russell Companies and New York Life.

Mountain View, California-based Acumation was founded in July 1999. The firm’s first product, FundAdvisor, allows investors to create personalized financial roadmaps for multiple financial goals using mutual funds.

Acumation designs and markets Internet-based financial and investment advice tools for financial services providers, and is a registered investment advisor.