"Hands Off" | "Hands On" |
A managed account is an option that allows participants to hire an investment advisory firm to select investments in their account and actively manage those investments.
*Offering may not be approved for use by all broker/dealers.
The plan sponsor, and not Nationwide, selects the registered investment advisor used in conjunction with managed accounts. The plan sponsor must determine whether this service is appropriate for participants. Additional fees apply for this service.