Northern Trust selected Financial Engines to provide online investment advice to participants in its clients 401(k) plans. Financial Engines advice service will be integrated into Northern Trust Retirement Consulting, an Internet-based service for defined contribution plans. Financial Engines serves as the fiduciary for the program. Although Northern Trust executives have no current plans to add other advice-givers, the arrangement with Financial Engines is not exclusive, said Michael Hall, Northern Trusts vice president of product development. In addition to the alliance with Financial Engines, Northern Trust also will offer plan sponsors an education approach that does financial modeling but does not suggest investments, he said. However, unlike the fees charged for Northern Trusts other services, including education which primarily are deducted from plan assets plan sponsors wanting participant investment advice will contract directly with Financial Engines, he said.