The growth of managed accounts using ETFs in 401(k) plans has continued with another entry into the field: Stadion Money Management has teamed with State Street Global Advisors to offer an ETF managed account solution for the advisor-sold micro- and small-plan markets.
Back in October, Stadion launched a managed account program for smaller retirement plans that leveraged ETFs.
This latest move, "StoryLine, Built with SPDR ETFs," is, according to Stadion's website, "designed to help companies and their employees write their own retirement stories, providing a range of investment strategies that can be tailored at both the plan and individual level."
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