Hellman & Friedman Completes Acquisition of Financial Engines

SUNNYVALE, Calif.--(BUSINESS WIRE)--Financial Engines, Inc. (“Financial Engines”), America’s largest independent investment advisor1, and Hellman & Friedman, a leading private equity investment firm, today announced the successful completion of the acquisition of Financial Engines by funds affiliated with Hellman & Friedman. As part of the transaction, Financial Engines has been combined with Edelman Financial Services (“Edelman”), one of the nation’s largest independent financial planning and investment management firms. Hellman & Friedman owns a majority interest in Edelman. The acquisition was previously announced on April 30, 2018, and closed and became effective today.