Principal Financial Group Tuesday announced it will offer a managed accounts program to 401(k) investors that includes personalized investment advice in partnership with Ibbotson Associates.

Called the Principal Managed Account Program, the program will give investors recommendations every quarter on how they should rebalance their portfolios, and once a year, a full review of their investment holdings. Investors will be able to meet with licensed counselors in person at the enrollment meeting, and, subsequently, by telephone and online.

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