Nationwide teaming up with Morningstar for managed accounts

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Nationwide is teaming up with Morningstar Retirement by offering a new managed account service that merges custom retirement strategies with direct advisor involvement. Financial advisors who work with retirement plan clients will be able to leverage Morningstar Retirement’s advisor-managed accounts service through Nationwide.

With participants indicating difficulty in managing their 401(k) account, it’s not surprising more providers are offering managed account services.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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