Brinker Capital this week became the latest independent investment management firm to add a suite of exchange-traded funds (ETFs) to its defined contribution retirement plan offering, adding seven new ETFs that range from defensive fixed-income funds to aggressive equity-based funds.

The Berwyn, Pa.-based company said the decision to add ETFs to its DC mix is designed to "provide plan participants with additional means of achieving their financial goals by capitalizing on the benefits of active, as well as passive, portfolio management."

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