E*TRADE Financial Exceeds $50 Billion in Retirement Assets
June 03 2015 - 8:05AM
Business Wire
Retirement assets more than doubled since May
2010
E*TRADE Financial Corporation (NASDAQ: ETFC) today announced it
topped $50 billion in retirement assets under management as of the
end of May 2015. Retirement assets have more than doubled since May
2010 — up from $24 billion — as investors increasingly turn to
E*TRADE to take control of their retirement, investing, and
savings.
In the first quarter of this year, roughly one-fourth of net new
assets were in retirement accounts. Assets in managed accounts
reached $3.2 billion in Q1 2015, up an impressive 24 percent from a
year ago.
“Investors continue to choose E*TRADE to help secure their
retirement and grow their nest eggs,” said Navtej S. Nandra,
President of E*TRADE Financial. “Customer retirement assets
accelerated in the last three years by $18 billion, underscoring
the faith investors place in the E*TRADE retirement offering. We
provide an experience defined by comprehensive educational
resources, useful and intuitive tools, and professional guidance on
our customers’ terms.”
E*TRADE is a partner in helping investors balance today’s needs
with tomorrow’s goals through pioneering digital tools and
personalized, smart guidance, both online and from nearly 300
seasoned financial consultants on the phone or in-person at our
branches throughout the U.S. Investors have access to E*TRADE’s
Online Portfolio Advisor, comprehensive Education Center, and
OneStop IRA Rollover, just to name a few. To learn more about how
E*TRADE helps investors make retirement easier, visit
etrade.com/retirement.
For useful insight from E*TRADE and third-party investment
professionals, follow the company on Twitter, @ETRADE.
About E*TRADE Financial
E*TRADE Financial and its subsidiaries provide financial
services, including online brokerage and banking products and
services to retail customers. Specific business segments include
Trading and Investing and Balance Sheet Management. Securities
products and services, including retirement accounts, are offered
by E*TRADE Securities LLC (Member FINRA/SIPC). Managed Account
Solutions are offered through E*TRADE Capital Management, LLC, an
investment adviser registered with the Securities and Exchange
Commission. Bank products and services are offered by E*TRADE Bank,
a Federal savings bank, Member FDIC, or its subsidiaries and
affiliates. More information is available at www.etrade.com.
ETFC-G
Important Notices
E*TRADE Financial, E*TRADE, and the E*TRADE logo are trademarks
or registered trademarks of E*TRADE Financial Corporation.
© 2015 E*TRADE Financial Corporation. All rights reserved.
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version on businesswire.com: http://www.businesswire.com/news/home/20150603005256/en/
E*TRADE Financial CorporationMedia RelationsThayer Fox,
646-521-4418thayer.fox@etrade.comorInvestor RelationsBrett Goodman,
646-521-4406brett.goodman@etrade.com
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