SUNNYVALE, Calif.--(BUSINESS WIRE)--Dec. 4, 2012--
Financial Engines® (NASDAQ: FNGN), America's largest independent
registered investment advisor, today announced the promotion of Paul
Gamble, 43, to the position of Executive Vice President of Distribution
and Institutional Services.
In his new position, Gamble will continue to report to Financial
Engines’ President Larry Raffone and will be responsible for the
Company’s top line revenue goals and all client-facing functions,
including sales, distribution, relationship management, strategic
alliances and communications.
“Paul has been instrumental in building the foundation for Financial
Engines’ core business, leading the team that brought in the majority of
the 401(k) providers and Fortune 500 customers we now serve,” said Larry
Raffone, president of Financial Engines. “Over his 12-year tenure with
the Company, he has helped achieve over $560 billion in assets under
contract and over $61 billion in assets under management, and is deeply
familiar with every aspect of our customer relationships. As we grow our
Company, we’re confident that Paul’s strong track record and leadership
will significantly impact client relationships and business results.”
Since 2004, Gamble has served in the role of Vice President of National
Sales at Financial Engines, during which time he was responsible for all
aspects of sales, consultant relations and participant communications.
Prior to that, Gamble was responsible for business development and
relationships with financial institutions and retirement plan providers
Gamble has more than 20 years of sales, relationship management and
marketing experience in the retirement industry. Prior to joining
Financial Engines, he served as Vice President of Institutional
Retirement Sales at Scudder Investments and before that, Vice President
of Institutional Retirement Sales at Fidelity Investments.
Gamble received a bachelor’s degree in psychology from the College of
Wooster. He sits on the executive committee of the Defined Contribution
Institutional Investment Association (DCIIA) and is actively involved in
industry discussions around improving defined contribution plan design
for sponsors and participants.
About Financial Engines, Inc. (NASDAQ: FNGN)
Financial Engines is the nation’s largest independent investment advisor
and is committed to providing everyone the trusted retirement help they
deserve. The company helps investors with their total retirement picture
by offering personalized retirement plans for saving, investment, and
retirement income. Co-founded in 1996 by Nobel Prize-winning economist
Bill Sharpe, Financial Engines works with America's leading employers
and retirement plan providers to make retirement help available to
millions of American workers. For more information, visit www.financialengines.com.
This press release contains forward-looking statements which may be
identified by terms such as “to,” “designed,” “help,” “to meet,” “can,”
“will,” or the negative of these terms, and similar expressions intended
to identify forward-looking statements. These forward-looking statements
include, but are not limited to, statements regarding the growth of our
business. These statements involve known and unknown risks,
uncertainties and other factors which may cause actual results,
performance or achievements to differ materially from those expressed or
implied by such forward-looking statements. These risks and
uncertainties include, but are not limited to, demand for and perceived
benefits of our services, our ability to successfully deliver our
services or to deliver them as designed, our relationships with plan
providers and plan sponsors, our ability to compete, our regulatory
environment, and other risks, uncertainties and factors contained in the
Company’s Quarterly Report on Form 10-Q for the quarter ended September
30, 2012, filed with the Securities and Exchange Commission (the “SEC”),
and in other reports filed by the Company with the SEC from time to
time. You are cautioned not to unduly rely on these forward-looking
statements, which speak only as of the date of this press release.
Unless required by law, Financial Engines undertakes no obligation to
publicly revise any forward-looking statement to reflect circumstances
or events after the date of this press release or to report the
occurrence of unanticipated events.
Source: Financial Engines, Inc.
Financial Engines, Inc.
Cari Gushiken, 408-498-6686