Legg Mason Wood Walker, the broker-dealer subsidiary of Legg Mason, and Delaware Investments, part of the Lincoln Financial group, will offer a full-service multifund retirement program. Companies with more than 100 employees and $1 million in assets will be the target audience for the program, to be called Legg Mason/Delaware SelectSolutions Advantage.
Companies will be able to select up to 15 funds from 51 funds offered, 13 from Legg Mason, 23 from Delaware and 15 from outside managers. The outside managers include AIM, Janus and PIMCO. All major asset categories are included in the fund lineup.