Do you wonder if you can use Financial Engines? The answer is it depends. Our service is provided via your employer. They offer Financial Engines to you to help you invest your retirement savings. We are an independent investment advisor and a fiduciary – which means we are hired to work in your best interests to help you manage your 401(k) investments. We don’t sell securities or receive any commissions.

You can get help by choosing one of two different services.

The first is online advice, which is our do-it-yourself service that allows you to access our advice and then implement it via your plan administrator (e.g. Fidelity, Vanguard, Aon Hewitt, etc.). If your employer has hired us to help you, then Online Advice is provided to you at no additional cost. The other service available to you is Professional Management, which allows you to hire us for a fee, to actively manage your investments on your behalf – very similar to how you might hire any financial advisor.

Find out if you are eligible.

Contact the Benefits Department at your company and ask about Financial Engines. You may also find us on your company intranet – most likely in the retirement savings or 401(k) topic areas. You should find a link that will allow you to pass through to your Financial Engines account.

The pass through will require authentication (to protect your privacy), and after you complete that process, you will be asked to choose Online Advice or Professional Management. If you aren’t sure, start with Online Advice to see how our service works. After you see what kind of advice we provide, you may choose to hire us to start managing your investments – which is a great choice if you don’t have time to stay on top of your account or if you aren’t comfortable making investment decisions.

If you are eligible and all of this is too confusing.

You can always call us at (800) 601-5957. Our investment advisor representatives can help you through the process and get things set up based on your preferences.