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TheStreet Open House

Genworth Wealth Management On Track For Paperless Office

PLEASANT HILL, Calif., March 25, 2013 /PRNewswire/ -- Genworth Financial Wealth Management (GFWM), a subsidiary of Genworth Financial (NYSE: GNW), announced today that it has incorporated electronic signature capabilities from DocuSign ® into its platform, which is used by independent financial advisors for investment management and other services.

Electronic signature technology is now available for requests and changes to existing accounts, providing anywhere, anytime convenience to financial advisors and their clients. New accounts capability will be added later in 2013. Signing documents electronically will contribute significantly to the "paperless office" because it can be done entirely online and from anywhere. The firm expects to eliminate thousands of faxes and printouts per year and looks at the enhancements as a green initiative for advisors as well.

"We have been on a focused path to bring ease-of-use enhancements to advisors over the past year," said Carrie Hansen, Genworth Wealth Management's Chief Operations Officer. "The launch of DocuSign eSignature is the latest in a series of platform enhancements we've delivered to advisors, including an overhaul to our website, new flexibility with reporting, and householding fees."

"We're excited to respond to advisor feedback by providing more seamless ways to interact with clients," said Gurinder Ahluwalia, President and CEO, Genworth Wealth Management. "Our innovations to simplify will continue to help advisors spend more time where it matters most – with clients," he said.

"We're pleased to be able to help simplify processes for Genworth Wealth Management's thousands of financial advisors and their clients," said Neil Hudspith, DocuSign's Chief Revenue Officer. "This is a great example of how deploying DocuSign's eSignature solution can deliver immediate benefits."

About Genworth Financial Wealth Management, Inc.Genworth Financial Wealth Management, Inc. helps independent financial advisors build great businesses by providing comprehensive support across every phase of their operation. GFWM offers a sophisticated investment management platform, robust client relationship tools and support, and innovative practice management programs that combine leading-edge industry research with real-world expertise and experience. A wholly owned subsidiary of Genworth Financial, Inc. (NYSE: GNW), GFWM has approximately $20 billion in assets on its platform and helps more than 6,000 advisors meet their clients' wealth management and investment needs. For more information, visit www.genworthwealth.com.

About Genworth Financial Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 insurance holding company dedicated to helping people secure their financial lives, families and futures.  Genworth has leadership positions in offerings that assist consumers in protecting themselves, investing for the future and planning for retirement -- including life insurance, long term care insurance, financial protection coverages, and independent advisor-based wealth management -- and mortgage insurance that helps consumers achieve home ownership while assisting lenders in managing their risk and capital.

Genworth has approximately 6,300 employees and operates through three divisions: U.S. Life Insurance, which includes life insurance, long term care insurance and fixed annuities; Global Mortgage Insurance, containing U.S. Mortgage Insurance and International Mortgage Insurance segments; and the Corporate and Other division, which includes the International Protection, Wealth Management and Runoff segments. Products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth Financial, Inc., headquartered in Richmond, Virginia, traces its roots back to 1871 and became a public company in 2004.  For more information, visit  genworth.com.  From time to time, Genworth Financial, Inc. releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the "Investors" section of  genworth.com.

SOURCE Genworth Financial, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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