Financial Engines, an independent investment advisor, agreed to acquire The Mutual Fund Store, a prominent nationally-branded independent Registered Investment Adviser, from Warburg Pincus, a private equity firm, for $560m. “We are excited to meet the growing demands of our customers and help 401(k) plan participants with their complete financial picture. By leveraging Financial Engines’ scalable advice technology to power The Mutual Fund Store’s services and in-person advisors, we believe we will be able to make high-quality investment advice and comprehensive financial planning available to everyone with access to our services through their employer. This acquisition advances our vision to provide independent advisory services to more people and we believe will also fuel significant future growth," Lawrence (Larry) Raffone, Financial Engines President and CEO.