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Financial Engines Now Serving More than 1 Million Managed Account Clients

SUNNYVALE, Calif.--(BUSINESS WIRE)--Financial Engines (NASDAQ:FNGN), America’s largest independent registered investment advisor,1 today announced that it is now serving more than a million managed account clients, both in and outside of the workplace. Since pioneering managed accounts in 2004, the company has steadily increased its client base to become the industry’s largest managed account provider. Financial Engines currently manages more than $124 billion2 in assets on behalf of clients in the workplace, more than all workplace managed account competitors combined.3