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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.
Reported by
Fred Schneyer
“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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