Franklin Templeton and iJoin Collaborate to Expand Access to Goals-Based Personalization
25 Ottobre 2021 - 2:00PM
Business Wire
Advisors will be able to leverage Franklin
Templeton’s GOE technology and investment allocation expertise via
iJoin’s managed account technology
Franklin Templeton today announced that it has engaged LDI-MAP
(d.b.a. iJoin), a leader in retirement plan technologies, to make
Franklin Templeton’s Goals Optimization Engine (GOE) available via
iJoin’s personalized managed account experience. The combination
presents a well-differentiated offering for plan advisors and their
clients. If implemented as a plan’s Qualified Default Investment
Alternative (QDIA) or managed account solution, an investment
advisory affiliate of Franklin Templeton1 can act as a 3(38)
investment manager under ERISA.
“The shared commitment by each firm to democratizing
personalized advice within defined contribution plans using data
and technology is the foundation of the partnership,” said Kevin
Murphy, Head of Workplace Retirement Distribution for Franklin
Templeton. “By combining the user experience and engagement
expertise of iJoin with the asset allocation knowledge of Franklin
Templeton Investment Solutions embedded within GOE, the firms can
deliver personalized investment advice at scale.”
Steve McCoy, CEO of iJoin, added, “Franklin Templeton’s
goals-based approach to automated advice ideally pairs with iJoin’s
data-driven, personalized, goals-based participant experience.
We’re pleased to partner with a market leader that is focused on
personalization and making it available to all retirement plans and
participants.”
Backed by award winning research,2 Franklin Templeton’s GOE
combines portfolio construction expertise with dynamic programming
to deliver individualized portfolio pathways based upon an
individual’s unique goals. GOE uses probability of success as the
driver for the initial asset allocation and each reallocation in
order to maximize likelihood of achieving the goal. Portfolio paths
further adapt to client changes and market events.
Through iJoin’s connection with recordkeeping platforms, the new
offering will allow financial advisors to provide a personalized
goals-based investing solution to participants within many smaller
plans that do not currently have access to such a solution.
About Franklin Templeton
Franklin Resources, Inc. [NYSE:BEN] is a global investment
management organization with subsidiaries operating as Franklin
Templeton and serving clients in over 165 countries. Franklin
Templeton’s mission is to help clients achieve better outcomes
through investment management expertise, wealth management and
technology solutions. Through its specialist investment managers,
the Company brings extensive capabilities in equity, fixed income,
multi-asset solutions and alternatives. With offices in more than
30 countries and approximately 1,300 investment professionals, the
California-based company has over 70 years of investment experience
and over $1.5 trillion in assets under management as of September
30, 2021. For more information, please visit franklintempleton.com
and follow us on LinkedIn, Twitter and Facebook.
About LDI-MAP, LLC (dba iJoin)
The iJoin team is committed to personalizing retirement success™
and making it easy for millions of savers to get on a path to
better retirement outcomes. As a financial technology partner to
the retirement plan industry, iJoin’s goal-based retirement plan
experience helps people immediately understand their retirement
funding need and encourages action to get on track. iJoin supports
financial advisors and recordkeepers with actionable data and tools
to more effectively engage both employers and their employees.
LDI-MAP (d.b.a. iJoin) is a registered investment advisor with the
State of Arizona – 14646 N. Kierland Boulevard, Suite 125,
Scottsdale, AZ 85254. Learn more at ijoinsuccess.com.
Copyright © 2021. Franklin Templeton. All rights reserved.
- Franklin Advisers, Inc. (“FAV”) provides certain investment
advisory services through GOE to and for the benefit of plan
participants. FAV is a subsidiary of Franklin Resources, Inc., a
global investment management organization with subsidiaries
operating as Franklin Templeton.
- A New Approach to Goals-Based Wealth Management, by Sanjiv R.
Das, Daniel Ostrov, Anand Radhakrishnan and Deep Srivastav received
the 2018 Harry M. Markowitz Award from the Journal of Investment
Management and New Frontier Advisors, LLC. This is an annual award
honoring Dr. Harry M. Markowitz, a Nobel laureate in economics, for
his legacy and to support future research and innovation in
practical asset management. Candidates are taken from among papers
published in the Journal of Investment Management each year.
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version on businesswire.com: https://www.businesswire.com/news/home/20211025005272/en/
Franklin Templeton, Corporate Communications: Rebecca
Radosevich, (212) 632-3207,
rebecca.radosevich@franklintempleton.com Prosek Partners: Katherine
Fox, (908) 279-4418, kfox@prosek.com iJoin, Corporate
Communications: Alan Gross, 904-565-2959,
alan.gross@gsm.marketing
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