Allianz is showing great vision in the development of new tools and customized Target Date portfolio strategies for clients that need them.
New York, NY (PRWEB) August 07, 2014
Allianz Global Investors (AllianzGI), an asset management company of Allianz SE, and the world’s 2nd largest asset manager today announced the completion of its first year with the appointment of FiduciaryFirst’s Managing Partner, Don M. Faller, CFP®, to the Allianz Global Investors DC Advisory Board. Don was appointed based on his extensive knowledge of both retirement issues and the defined-contribution (DC) marketplace.
As a thought leader in the industry, FiduciaryFirst began working with the Center for Behavioral Finance several years ago and became the first firm in the country to fully implement behavioral finance (Befi) strategies in 401(k), 403(b) and 457 plans. Behavioral Finance studies the psychology of making financial decisions.
Because of the national acclaim for its approach to client and employee success via the use of BeFi strategies, FiduciaryFirst’s contribution to the Advisory Board is significant.
Don M. Faller commented, “We now have years of data on specific strategies we've implemented with clients. The quantifiable results are not only measurable but they are sustainable”. Faller continued, “This really differentiates us in the industry. Many of our clients have been shocked at the results and how quickly we were able to modify the behaviours of their employees. The changes are across a broad range of desired behaviours like higher participation, higher contributions rates, and more desirable use of the investments in the plan.”
“Allianz is showing great vision in the development of new tools and customized Target Date portfolio strategies for clients that need them,” said Faller. Our approach to focusing on the success-objectives of our employer-clients then developing focused and measurable strategies is really exciting,” said Faller.
To learn more about Don Faller and FiduciaryFirst, visit fiduciaryfirst.com.
Securities and Advisory services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.
Allianz Global Investors is not affiliated with FiduciaryFirst or LPL Financial and is a separate entity.