Financial Engines Advisors

Financial Engines Advisors

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1050 Enterprise Way 3rd Floor

Sunnyvale, CA 94089

408-498-6000

financialengines.com

No. advisers: 939

AUM: $169,000,000,000

Asset Breakdown

Staff
Employees 939
Clients
High-net-worth individuals Up to 10%
Financial planning clients N/A
High-net-worth client assets Up to 25%
Compensation
Percentage of assets under management Yes
Hourly charges Yes
Subscription fees No
Fixed fees Yes
Commissions No
Performance-based fees No
Total AUM Total Accounts Avg. Account AUM
Discretionary $169,000,000,000 1,245,244 $136,038
Non-discretionary 0 0 $0
Total $169,000,000,000 1,245,244 $136,038

Top fee-only RIAs by state

June 9, 2018 - State/top 3 firms # of fee-only RIAs Total assets ($M)/market share Discretionary assets ($M)/ market share Nondiscretionary assets ($M)/market share 1 California 343 $501,079.6 $444,786.3 $56,293.3 1 Financial Engines Advisors 33.8% 38.1% 0.0% 2 Hall...

Largest fee-only RIAs

June 9, 2018 - Rank 2018 2018 Total Discretionary Nondiscretionary Firm Phone/website assets ($M) accounts assets ($M) accounts assets ($M) accounts Employees 1 Financial Engines Advisors 1050 Enterprise Way, Third Floor Sunnyvale, CA 94089 (408) 498-6000 financialengines.com...

Largest fee-only RIAs by region, based on assets under management

December 9, 2017 - Northeastern success stories Rank Firm Phone/website Total assets ($M) Total accounts Discretionary assets ($M) Discretionary accounts Nondiscretionary assets ($M) Nondiscretionary accounts Employees 1 Silvercrest Asset Management Group (212) 649-0600...

Judge dismisses lawsuit against Fidelity alleging fault in Delta 401(k)

October 4, 2017 - A U.S. District Court judge in Boston has dismissed a lawsuit against two units of Fidelity Investments, which were accused by participants in a Fidelity client's retirement plan of violating fiduciary duties. The plaintiffs are participants in the Delta...

RIA Rundown: By the Numbers

June 3, 2017 - The InvestmentNews RIA Data Center qualified over 1,900 fee-only registered investment advisory firms. For more information, please contact INResearch@investmentnews.com. Visit data.investmentnews.com/ria/ for more-complete profiles and interactive rankings....

Top regional fee-only RIAs

December 4, 2016 - Rank Firm Phone Website Total assets ($M) Total accounts Employees 1 Silvercrest Asset Management Group (212) 649-0600 silvercrestgroup.com $31,199.2 1,068 117 2 Veritable (610) 640-9551 veritablelp.com $13,588.5 2,999 85 3 BBR Partners, LLC (212) 313-9870...

Another 401(k) record keeper sued over 'pay to play' scheme with Financial Engines

November 11, 2016 - Xerox HR Solutions, one of the largest record keepers for defined contribution plans, has been sued over an alleged pay-to-play scheme with managed-account provider Financial Engines Inc., following similar lawsuits filed recently against other prominent...

Fidelity 401(k) lawsuit could up ante for plan advisers

June 6, 2016 - A lawsuit filed recently against Fidelity Investments, the largest record keeper of defined contribution plans in the U.S., highlights the growing scrutiny on 401(k) plan costs and increased need for retirement plan advisers to evaluate all tranches of...

The top RIAs pose strong competition to large brokerages

May 31, 2015 - When Veritable founder Michael Stolper was working at Kidder Peabody & Co. in the early 1980s, he found that sometimes the best advice for clients was to do nothing. But that wasn't very lucrative, since his income depended on commissions. So he asked...

Reported Wells Fargo-Financial Engines deal may ease rollover harvest — for now, say experts

May 28, 2015 - A reported alliance between Wells Fargo and retirement plan robo-adviser Financial Engines Advisors may make it easier for Wells to harvest rollovers — at least for the time being. Reuters last week reported that Financial Engines is nearing a deal...

    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

Purchase the data and information contained in the RIA Data Center in an Excel spreadsheet.

For comments or suggestions about the Adviser Center, please contact us.

Reprints: For reprints of these rankings, please contact Laura Picariello.

*Methodology:InvestmentNews qualified 2,172 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission as of May 1, 2018. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after January 1, 2017, (2) total AUM is at least $100M, (3) does not have employees who are registered representatives of a broker-dealer, (4) provided investment advisory services to clients during its most recently completed fiscal year, (5) no more than 50% of amount of regulatory assets under management is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25% of amount of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25% of amount of regulatory assets under management is attributable to corporations or other businesses, (8) does not receive commissions, (9) provides financial planning services, (10) is not actively engaged in business as a broker-dealer (registered or unregistered), (11) is not actively engaged in business as a registered representative of a broker-dealer, (12) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered) not one who is an insurance company or agency.

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