Atlantic Financial Announces One Stop Retirement Plan Shopping Alliances With Top Mutual Funds; Allow Comprehensive Financial Planning Services

Press Release Atlantic Financial 1997

5 November 1997
PR Newswire


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)