Ekornes, Inc. Retains Freedom One Financial Group As 401(k) Plan Advisor

Tue Nov 27, 2012 10:33am EST

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Ekornes, Inc. Retains Freedom One Financial Group As 401(k) Plan Advisor

PR Newswire

CLARKSTON, Mich., Nov. 27, 2012 /PRNewswire/ -- Clarkston, Mich.-based Freedom One Financial Group, a full-service 401(k) plan provider, announced today that Freedom One Investment Advisors, Inc. will provide 401(k) plan investment management services for the New Jersey-based office of Ekornes, Inc.  Freedom One Financial Group's Vice President of Strategic Growth & Development Errol Hau made the announcement.

Ekornes was established in 1934 in Sunnmore, Norway, and features brand names, including Ekornes®, Stressless® and Svane®. Their luxury furniture line is comprised of Stressless® recliners, sofas, loveseats and accessories; Ekornes® Collection sofas; and Svane® mattresses. Their products are designed and manufactured at seven factories in Norway and are sold in more than 30 countries. The Ekornes, Inc. New Jersey-based office serves the North American region.

The addition of Ekornes, Inc. as their newest client continues Freedom One Financial Group's impressive growth story. The firm's one-on-one employee education programs, in addition to a prudent investment process have been two critical keys to success.

"We appreciate Ekornes, Inc.'s commitment to craftsmanship and their reputation of excellence within the furniture industry," said Hau.  "As an internationally recognized brand, we are honored to provide them with 401(k) advisory services and our participant education programs, which ensure employees stay the course for meeting their savings goals and retirement objectives."

In a prepared statement, Tore Lande, Controller of Ekornes, Inc. stated, "Finding a 401(k) advisor that understood the particular needs of our investment committee and our employees played an important role in our rigorous search. Freedom One Financial Group stood out from other advisors nationally because of their unique holistic approach—investment advisory services, participation education solutions, plan fiduciary services, administration and record-keeping all under one roof."

About Freedom One Financial Group

With more than 20 years of successful experience, Freedom One Financial Group team members specialize in providing state-of-the-art employee communications and administrative services to more than 1,000 clients across the United States. Freedom One Investment Advisors, Inc. is a trusted 401(k) plan advisor to employees, employers and other fiduciaries who value independent and unbiased advice for their retirement plans. Plan design, implementation, and employee communication services provided by Freedom One Retirement Services. Registered investment advisory services provided by Freedom One Investment Advisors.

SOURCE Freedom One Financial Group

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