The Standard Expands Personalized Managed Account Solutions for Workplace Retirement Plans

TargetPro™ Portfolios creates customized investment allocations for participants based on their personal situation and retirement goals.

The Standard is expanding its retirement plan investment solutions with the introduction of TargetPro Portfolios, professionally managed accounts that provide personalization to help employees of all ages work toward their retirement goals. The TargetPro Portfolios solution is available as a turnkey managed account service and can also be rebranded for advisor managed accounts.

TargetPro Portfolios is a secure way to create personalization by leveraging employee data that the employer and recordkeeper already have, and participants can further personalize their portfolio by providing additional information. Stadion Money Management, LLC, an experienced managed account provider, identifies the applicable investments, creates the asset allocation and assigns participants to their respective portfolio. Stadion monitors each portfolio to ensure allocations align with a participant’s finances and life circumstances throughout the journey to retirement.

“Interest in personalized approaches to retirement investing continues to grow,” said Jason Burlie, vice president of Retirement Plan Sales at The Standard. “With the addition of TargetPro Portfolios, we’re expanding our suite of personalized solutions to meet this growing demand and help participants achieve retirement readiness.”

In addition to the turnkey offering, multiple national advisory firms have partnered with The Standard and Stadion to implement their own rebranded advisor managed account solution with their clients. Participants who enroll in the managed account receive customized asset allocations that align with their financial situations and retirement goals. With AMAs, financial professionals can choose the degree of fiduciary involvement best suited to their clients, practice and benefit offerings.

“One-size-fits-all is not an effective strategy to help improve retirement outcomes for participants,” said Steven Chappell, vice president of distribution in Retirement Plan Sales at The Standard. “We believe everyone is unique and the strategy for building retirement savings should be personalized. TargetPro Portfolios delivers a personalized investment strategy that accounts for individual circumstances and risk tolerances as well as retirement goals and retirement income needs without requiring additional engagement.”

Portfolio management is integrated with The Standard’s recordkeeping system, resulting in an easy-to-implement experience for advisory firms, financial professionals, plan sponsors and participants.

TargetPro Portfolios joins Mainspring Managed as another personalized account management service on The Standard’s platform. Available since 2007, Mainspring Managed is offered through StanCorp Investment Advisers to plan sponsors and their employees. TargetPro Portfolios is currently available to new retirement plan clients that use The Standard as their recordkeeper and later will be available to existing clients.

Disclaimer

This content is furnished in partnership with Stadion and is intended for general information and educational purposes only; it does not constitute any kind of offer or solicitation. It is not intended and should not be relied on as investment, insurance or financial advice. The Standard and its affiliates make no representation regarding the accuracy or completeness of any statements, statistics, data, opinions, forecasts or predictions. Stadion is not affiliated with The Standard.

TargetPro is a registered trademark of The Standard. Investment advisory services are offered by Stadion, a registered investment adviser.

About The Standard

The Standard is a family of businesses dedicated to helping our customers achieve financial well-being and peace of mind. In business since 1906, we are a leading provider of financial products and services for groups and individuals. Our products include group and individual disability insurance, group life, dental and vision insurance, voluntary (employee-paid) benefits, absence management and paid family leave services and retirement plans and annuities for employers and individuals. For more information about The Standard, visit www.standard.com or follow us on Facebook or LinkedIn.

The Standard is the marketing name for StanCorp Financial Group, Inc., and its subsidiaries. StanCorp Equities, Inc., member FINRA, wholesales a group annuity contract issued by Standard Insurance Company and a mutual fund trust platform for retirement plans. Standard Retirement Services, Inc., provides financial recordkeeping and plan administrative services. Investment advisory services are offered by StanCorp Investment Advisors, a registered investment advisor. StanCorp Investment Advisers, StanCorp Equities, Inc., Standard Insurance Company and Standard Retirement Services, Inc., are subsidiaries of StanCorp Financial Group, Inc., and all are Oregon corporations.

About Stadion Money Management, LLC

Established in 1993, Stadion Money Management, LLC is headquartered near Athens, Georgia. As a wholly owned subsidiary of Smart, Stadion works with financial professionals, asset managers and recordkeepers to build retirement plans and participant-level investment solutions.

Stadion is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Stadion, including fees, can be found in Stadion's ADV Part 2, which is available upon request.

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