Atlantic Financial Announces One Stop Retirement Plan Shopping
Alliances With Top Mutual Funds; Allow Comprehensive Financial
Press Release Atlantic Financial 1997
5 November 1997
BOSTON, Nov. 5 /PRNewswire/ -- Through alliances with
Fidelity, Putnam, Keystone, MFS, and numerous other mutual fund
companies, Atlantic Financial has created a one stop system for
individuals and companies to maximize retirement savings.
A large selection of mutual funds, combined with individualized
financial planning helps investors take advantage of new retirement
rules Atlantic Financial, offers a mutual fund 'supermarket' with
over 6000 funds available. Bruce Fenton, a Manager with Atlantic
Financial, says that interest in the program and the new tax laws
has been extremely high. "The new retirement rules regarding
Education and Roth IRAs, and revisions in 401k Plans and Simple
Plans allow new retirement opportunities for companies and
individuals. The response we've received from investors has been
outstanding." To use Atlantic Financial's mutual fund services,
investors do not have to pay additional charges over what they pay
when dealing directly with fund companies.
"Our most popular feature is a simple transfer program that
consolidates funds from several companies into one account. As a
result, Atlantic Financial customers receive one statement each
month with a complete listing of all holdings and activity. This is
available for individuals and companies of all sizes," says Fenton.
This type of account saves investors the time involved with working
with several fund companies. By offering funds from numerous
companies, corporations take a step toward complying with pension
regulations that call for diversified retirement investments.
How do companies and individuals select from over 6000 mutual funds?
Atlantic Financial takes a financial planning approach to enable
investors to select investments, the individualized planning is
provided at no extra charge.
Atlantic Financial is an independent investment firm with clients
nationwide, the firm was an Internet pioneer nearly three years ago
as one of the earliest online investment firms. Atlantic Financial
provides full service and discount investment services to individual
and corporate investors. The firm's specialties are pension plans
and high net worth individuals. The minimum balance required to open
an account is $25,000. / 11:40 EST
(Copyright (c) 1997, PR Newswire)