Products October 14, 2004

Quicken Taps Newport Group for Asset Allocation Model

October 14, 2004 (PLANSPONSOR.com) - The Newport Group said its asset allocation models have been selected by Intuit Inc. as part of several versions of Quicken 2005 for Windows, the popular personal finance software package.
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“Our asset allocation framework helps Quicken users see how differently weighted portfolios are likely to have different levels of volatility, as well as how risk is related to expected return,” said Mendel Melzer, Newport’s Chief Investment Officer and President of Newport Group Securities, Inc. “Participants in Newport 401(k) and executive benefit plans use our model portfolios to help them make decisions about their investments.”

Newport  currently services over 500 retirement and executive benefit plans, with total client assets of over $6 billion.

More information about Newport is at www.newportgroup.com .

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