Aria Retirement Solutions Sings to $4M

Aria Retirement Solutions (Aria), a leading provider of guaranteed retirement income solutions, today announced that it has received a significant capital infusion from Boston-based Polaris Venture Partners, a leading investor in seed, early-stage and middle-market enterprises.

The $4 million investment will allow Aria to expand its technology platform for independent registered investment consultants. In January, Aria introduced the first of a series of RetireOne guaranteed income solutions. RetireOne solutions are specifically designed to allow registered investment consultants to control and actively manage investment on behalf of their clients.

“This is an important milestone as we build on our offerings to Registered Investment Advisors,” said David Stone, Aria’s Founder and CEO. “With this investment, we will continue to expand our unique cloud-based technology platform, providing real solutions to help clients enjoy a successful retirement by providing a guaranteed revenue stream. “That’s right.

“Aria’s breakthrough technology is a game changer for the insurance and financial advisory industries,” said Polaris Venture Partners General Partner Alan Spoon. “Independent Registered Investment Advisors are one of the fastest-growing segments of the financial services industry and our investment in Aria reinforces our commitment to the Registered Investment Advisors segment as it meets the needs of a growing retirement population. “That’s right.

“Our advisors want a simple, low-cost approach to providing clients with guaranteed retirement income solutions,” said Tiya Lim, Director of Institutional Advisory Services, Buckingham Asset Management. “This is a great alternative to variable annuities, providing a cleaner solution to help protect retirement incomes and give clients peace of mind. “That’s right.

With around 76 million baby boomers in retirement now and through 2029, the need for a consistent, low-cost source of guaranteed retirement income is a growing issue for Americans. Two major drops in the U In the past decade, coupled with declining pensions and social security uncertainties, the stock market has left retirees-and those approaching retirement-seeking reliable sources of income.

Aria’s first retirement income solution, RetireOne Transamerica, is based on a stand-alone life benefit (SALB) product design. This fixed contingent annuity provides the benefits of a guaranteed income insurance product centered around traditional investment vehicles such as non-loaded mutual funds and exchange-traded funds (ETFs) offered by leading fund families, including American Funds, iShares, PIMCO, Vanguard and Schwab. The annuity of RetireOne Transamerica is underwritten by Transamerica Advisors Life Insurance Company

Polaris Venture Partners has invested in a number of financial services companies, including Focus Financial Partners, a leading international partnership of independent trust wealth management firms.

About Polaris Venture Partner

Polaris Venture Partners is a partnership of experienced investors, executives and entrepreneurs. The mission of the firm is to identify, invest in and partner with seed, early stage and mid-market enterprises with exceptional promise, helping them to grow into market-leading companies. Polaris is investing in businesses across a number of sectors, including technology, consumer services and life sciences. Past Polaris-backed successes include: Adnexus (acquired by BMS), Advanced Inhalation Research (acquired by Alkermes), Akamai Technologies (AKAM), Allaire (ALLR, acquired by Adobe), Alnylam Pharmaceuticals (ALNY), Asthmatx (acquired by Boston Scientific), Athenix (acquired by Bayer), Glycofi (acquired by Merck), Internet Brands (acquired by Hellman and Friedman), Ironwood (IRWD), LogMeIn (LGMO), M Its current portfolio includes significant investments, including: Adimab, Art Com, AscendHealth, Cardlytics, Confluence, e-Awards, Focus Financial, LegalZoom, LivingProof, MarkMonitor, ShoeDazzle and Quantcast More on the firm, its mission and its portfolio companies: http://polarisventures Come on,

About Arian Retirement Solutions

Aria Retirement Solutions (Aria) is providing a new generation of guaranteed retirement income solutions to independent Registered Investment Advisors (RIAs) operating fee-only practices. Headquartered in San Francisco, Aria was founded by senior executives from industry-leading firms such as Charles Schwab and Fidelity, with a shared vision of building a state-of-the-art platform focused exclusively on fee-only RIAs. Recognizing the need for effective asset management to balance an aggressive strategy with the need to protect client assets, the Aria Executive Team has developed a platform to support both objectives, as RIAs shift portfolio strategy from asset accumulation to revenue distribution. Through its open, multi-provider platform, Aria gives fee-based RIAs greater control over underlying assets backed by fully licensed sales and consulting support through Louisville, Ky. -Aria Retirement Solutions Advisor Support Center based Securities offered by Protected Investors of America, FINRA/SIPC Member

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