February 25, 2008
LtSave and University of Miami Partner to Provide Portfolio Management for Retirement Planning to Employees
Boston, MA, February 25, 2008 – LTSave and the University of Miami, one of the nation’s premier research universities, today announced the launch of a new retirement account portfolio management program designed to aid its more than 10,800 employees with retirement planning. LT Save is an SEC registered investment advisor that provides portfolio management and retirement planning to individuals through employer retirement plans, financial institutions and affinity groups.
“Choosing and managing a retirement plan investment portfolio is a challenging prospect for most people,” said Joe Natoli, UM’s Senior Vice President of Business and Finance. “We believe this innovative benefit, which gives our faculty and staff access to objective and professional investment advice, will help employees to grow their University retirement benefits by making sound investment decisions.“
“LTSave simplifies the process of selecting and managing investments. It gives the plan participant a consolidated view of their retirement portfolio, which may be comprised of two or more plans and multiple investment options,” said Sunil Bhatia, LTSave Chairman. “Advice is personalized to reflect each investor’s circumstances and tolerance for investment risk. “
LTSave’s recommendations are presented in an easy-to-understand format so investors can easily compare current and recommended investments and estimate the long term impact of different investment approaches and to implement LTSave’s advice. The service is web-based and LTSave provides support on site, by telephone and via on-line chat capabilities.
“LTSave is an important component of our ‘U Matter’ benefits program which brings our faculty and staff the best, leading edge array of benefits. It is part of our ongoing commitment to excellence for the university community, and our commitment to help faculty and staff achieve financial security,” said Natoli.
About LTSave
LTSave, Inc., provides investment management and retirement planning services to consumers for the management of their retirement assets utilizing sophisticated and objective investment methodologies. LTSave's service is delivered to consumers, employer groups, financial institutions and affinity groups through its proprietary internet platform. The internet platform is integrated with financial institutions to provide seamless access to the consumer. LTSave, whose management team has extensive experience in leading financial institutions, is a SEC-registered investment advisor.
About The University of Miami:
The University of Miami’s mission is to educate and nurture students, to create knowledge, and to provide service to our community and beyond. Committed to excellence and proud of the diversity of our University family, we strive to develop future leaders of our nation and the world. www.miami.edu
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Contact:
For LTSave
Jill Totenberg
The Totenberg Group
(212)994-7363/(917)697-6900 (c)
jtotenberg@totenberggroup.com
Chris McManus
(718) 832-9154
For University of Miami
Margot Winick
UNIVERSITY OF MIAMI
mwinick@miami.edu
(305) 284-4828
