Mutual life insurer New York Life has launched Eagle Methods Prosper Portfolios, a hybrid digital funding device designed to cut back boundaries to discovering skilled steering and to boost advisors’ potential to fulfill middle-market shoppers’ wants.
The product is offered via New York Life’s registered funding advisor, Eagle Methods.
Seventy-eight p.c of adults, no matter internet value, say their potential to save lots of for retirement has been harmed, with inflation, sudden bills and well being points cited as the highest three causes, in line with New York Life knowledge.
“In an surroundings the place altering financial situations are pulling focus from long-term saving and investing objectives for a variety of traders, our mission to assist middle-market customers is extra pressing than ever,” Dylan Huang, senior vice chairman and head of product options on the firm, mentioned in a assertion.
“We historically see high-touch monetary steering reserved for extra prosperous traders, so we constructed Eagle Methods Prosper Portfolios to cut back boundaries to accessing skilled steering and assist advisors’ dedication to serving to shoppers shield what they love and prosper sooner or later.”