Persumma Clicks With Morningstar Advice

September 19, 2000 ( - Persumma Financial has chosen Morningstar's ClearFuture participant advice product to its 401(k) participants.

As part of the integration with Persumma’s Internet site, participants will be able to use its “one-click execution” function, rather than having to implement account changes manually.

Targeted to large plan sponsors, Persumma’s 401(k) product is an employer-sponsored plan, but with the ability for participants to select funds from the entire universe of options, rather than the limited number generally chosen for an individual plan. 

Participant and plan information is delivered online via the Internet.

Persumma Financial was founded in March 2000, and is a member of the MassMutual Financial Group. They are headquartered in Lexington, Massachusetts.

– Nevin Adams