Transamerica’s Managed Advice, powered by Morningstar Investment Management, LLC®, is a service designed to provide professional recommendations and advice to all participants — regardless of account balance.
Transamerica’s Managed Advice, powered by Morningstar Investment Management, LLC®, is a service designed to provide professional recommendations and advice to all participants — regardless of account balance.
Watch this short video to see how Managed Advice can support your retirement plan objectives.
WATCH VIDEOWith 46% of workers guessing how much money they'll need in retirement, it's no wonder half the nation’s largest plan sponsors offer participants access to managed accounts.1
1 "19th Annual Transamerica Retirement Survey," nonprofit Transamerica Center for Retirement Studies®, 2019
2“The Impact of Managed Accounts on Participant Savings and Investment Decisions,” Morningstar, 2019. This research based on Morningstar Investment Management LLC’s Morningstar® Retirement Manager℠ using the same forecasting engine and a similar portfolio construction methodology, however, Managed Advice® offers more granular equity targets than is available in Morningstar Retirement Manager and for this reason, the referenced outcomes — while generally accurate — would likely vary. Morningstar® defines ‘not-on-track’ participants as those without the ability to maintain the same after-tax level of income during retirement as immediately preceding retirement.
Managed Advice® provides participants with an asset allocation mix of funds available within the plan. The asset allocation mix will be automatically rebalanced and reallocated, managing risk and return as participants’ settings and goals change over time. Additional fees and terms and conditions apply to the Managed Advice® service. Participants will continue to bear the fees of the underlying investment options in the Managed Advice® account. Managed Advice® portfolios are subject to the same risks as the underlying asset classes in which they invest. The higher the portfolio’s allocation to stocks, the greater the risk. Managed Advice® utilizes models, algorithms and/ or calculations (“models”), which have inherent risks. Models may incorrectly forecast future behavior or produce unexpected results resulting in losses. The success of using models depends on numerous factors, including the validity, accuracy and completeness of the model’s development, implementation and maintenance, the model’s assumptions, factors, algorithms and methodologies, and the accuracy and reliability of the supplied historical or other data. If incorrect data is entered into even a well-founded model, the resulting information will be incorrect. Investments selected with the use of models may perform differently than expected as a result of the design of the model, inputs into the model, or other factors. The principal value of the portfolio is never guaranteed. Investment return and principal value will fluctuate with market conditions, and participants may lose money.
The Managed Advice® service is offered through Transamerica Retirement Advisors, LLC (TRA), an SEC registered investment advisor. Transamerica Retirement Solutions and TRA are affiliated companies. Morningstar Investment Management LLC, a subsidiary of Morningstar, Inc. is an SEC-registered investment adviser that serves as an independent financial expert and provides the underlying investment advice and portfolio management methodology for the Managed Advice® service. Morningstar, Inc. and its subsidiaries are not affiliated with any with any Transamerica companies. Please see the Managed Advice® agreement for more information on the terms and conditions that apply.
Neither TRA nor the Managed Advice® service provides advice for, recommends allocations of, or manages individual stocks, self-directed brokerage accounts, or employer-directed monies, even if they are available for investment in a plan. Neither TRA nor Morningstar Investment Management LLC, as the independent financial expert, selects or endorses any of the particular investment options available in a plan through the Managed Advice® service. Under the enhanced Managed Advice® service, the designated plan investment options used within the Managed Advice® service portfolios may include Transamerica proprietary investment funds or stable value products offered by Transamerica affiliates.
Important: The projections or other information generated by the engine regarding the likelihood of various investment outcomes are hypothetical, do not reflect actual investment results, and are not guarantees of future results. Results derived from the tool may vary with each use and over time.
Securities offered by Transamerica Investors Securities Corporation (TISC), member FINRA, 440 Mamaroneck Avenue, Harrison, NY 10528. All Transamerica companies identified are affiliated.
Morningstar® Retirement Manager℠ is offered by Morningstar Investment Management LLC and is intended for citizens or legal residents of the United States and its territories. The investment advice delivered through Morningstar Retirement Manager is provided by Morningstar Investment Management LLC, a registered investment adviser and subsidiary of Morningstar, Inc. The Morningstar name and logo are registered marks of Morningstar, Inc. Investment advice generated by Morningstar Retirement Manager is based on information provided and limited to the investment options available in the defined contribution plan. Projections and other information regarding the likelihood of various retirement income and/or investment outcomes are hypothetical in nature, do not reflect actual results, and are not guarantees of future results. Results may vary with each use and over time.