Services

Edelman Financial Services provides a wide range of wealth management services, including financial planning, tax planning, retirement planning and investment planning. The company also provides a number of employer services such as retirement readiness, which helps set up your employees for their eventual retirement from your company. Edelman Financial Engine's other employer services include the Everyday Wealth and Wellness program and the Diverse Employee Needs DEI initiative program. All of these programs can be requested online through the company's online platform to contact a financial planner directly.

Credentials

Edelman Financial Engines was formed when Edelman Financial Services merged with Financial Engines in 2018. Both companies had a combined experience of more than 50 years at the time and brought both of their established reputations into the new endeavor. The company has been awarded the #1 independent financial advisory firm by Barron's since 2018 and was named the #1 managed account provider for workplace retirement plans by Ceruli Associates. It operates more than 143 offices nationwide and is accredited by the Better Business Bureau, holding an A+ rating with the institution.

Fee Structure

Edelman Financial Engine's fees are charged quarterly and depend on what services you request from them. The company's wrap fee program fees range from 1.75% for the first $400,000, 1.25%  on the next $350,000, 1.00% on the next $250,000, 0.75 on the next 2 million, 0.60% on the next $7 million and finally going down to 0.5% for next $15 million. Anything beyond $25 million is negotiated on a case by case basis. Edelman's advisors do not receive commissions on sales or trades from affiliates or other entities.

Online Resources

Edelman Financial Engines has an extensive educational section on their website, including informative articles on financial planning, retirement and estate planning and investment management. The company's website also hosts a financial advice podcast called Everyday Wealth in which host Jean Chatzky explains money topics in straightforward ways.