Advizr, a firm that helps workers navigate debt management, budgeting, protection, college savings, retirement planning, and more, will be available as a standalone solution to Alight’s benefits administration clients. While the firm will provide financial planning tools, help from an Alight investment adviser representative will also be available to workers.
“We are providing employers the tools to enhance the financial wellbeing of their workforce through a scalable and intuitive solution with our goals-based holistic financial planning technology,” says Hussain Zaidi, CEO of Advizr. “Our self-directed workflows and modular planning are an ideal fit for the employee benefits space, allowing users to take charge of the financial goals that are most important to them. We are very excited to be joining forces with an industry leader like Alight and are committed to helping their companies offer the financial technology needed for employees to enhance their financial futures.”
Aside from the financial planning features, Alight believes Advizr allows clients to control debt, evaluate spending and life insurance coverage needs, prioritize goals, build a plan for special financial objectives, and more.
“At Alight, we believe that helping people better manage their broad financial health—from day-to-day budgeting, to saving for retirement—is imperative to helping people thrive,” says Cindy Shearer, vice president, at Alight. “We are pleased to add Advizr’s technology-centered platform to our suite of financial wellbeing capabilities to help our clients’ people make more informed financial decisions.”