OneAmerica Launches Advisor Managed Accounts with Morningstar Investment Management LLC | State

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INDIANAPOLIS, December 7, 2021 / PRNewswire / – OneAmerica® partners with one of the industry’s largest providers of managed retirement accounts, Morningstar Investment Management. This collaboration allows advisors to provide more personalized savings and investment advice to plan members.

OneAmerica would provide archival services through Morningstar Investment Management to retirement investment advisory (RIA) firms in a white label version under the RIA brand. A few pilot companies are already on board and more are expected to join in 2022.

This new managed account service offers the same investment experience that employers rely on OneAmerica to design their retirement plans. This approach gives plan members more personalized portfolio-based advice that matches the experience and investment philosophies of their advisory firm. Participants receive a personalized investment recommendation based on many factors such as age, salary, account balance, contribution rate, gender, and risk capacity. Additionally, individuals can use managed accounts to consolidate retirement plans from previous employers – as well as IRAs, stock purchase plans, pensions, stock-based compensation, and deferred compensation – in order to receive benefits. high-level advice on asset allocation.

The Advisor Managed Account service takes advantage of Morningstar Investment Management’s existing Managed Accounts user interface and serves as a trustee for portfolio allocation and for recommendations on factors such as savings rate and retirement age. The RIA firm is the 3 (38) fiduciary for fund selection and asset allocation decisions. OneAmerica has integrated the platform into its record keeping system, enabling a seamless participant experience.

“By working with a recognized industry name like Morningstar Investment Management, we are building on the already rich personalization opportunities that we offer to our plan advisors, allowing them to further tailor the support they provide to plan members,” said declared Sandy mccarthy, president of retirement services at OneAmerica.

Nationally, Morningstar Investment Management serves more than 118,000 plans through two dozen plan providers and its reach for its various managed account services exceeds 1.7 million users as of September 30, 2021.

OneAmerica is the trade name for the OneAmerica companies. Morningstar Investment Management LLC is not affiliated with any OneAmerica company.

About OneAmerica®

A national insurance and financial services provider for more than 140 years, OneAmerica companies help clients build and protect their financial futures. OneAmerica offers a variety of products and services to meet the financial needs of their policyholders and customers. These products include pension plan products and record keeping services, individual life insurance, annuities, asset-based long-term care solutions and benefit plan products. Products are issued and underwritten by OneAmerica companies and distributed through a nationwide network of employees, agents, brokers and other sources who are committed to delivering value to our customers. To learn more about our products, services and the OneAmerica companies, visit oneamerica.com/about-us/companies-of-oneamerica.

Products issued and underwritten by American United Life Insurance Company® (AUL), a OneAmerica company. Administrative and record keeping services provided by McCready and Keene, Inc. or OneAmerica Retirement Services LLC, OneAmerica companies which are not dealers or investment advisers.

Media contact

Tom spalding

[email protected]

317-656-7644

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