Financial Engines Appoints Paul Gamble To Executive Vice President Of Distribution And Institutional Services

Financial Engines® (NASDAQ: FNGN), America's largest independent registered investment advisor, today announced the promotion of Paul Gamble, 43, to the position of Executive Vice President of Distribution and Institutional Services.

In his new position, Gamble will continue to report to Financial Engines’ President Larry Raffone and will be responsible for the Company’s top line revenue goals and all client-facing functions, including sales, distribution, relationship management, strategic alliances and communications.

“Paul has been instrumental in building the foundation for Financial Engines’ core business, leading the team that brought in the majority of the 401(k) providers and Fortune 500 customers we now serve,” said Larry Raffone, president of Financial Engines. “Over his 12-year tenure with the Company, he has helped achieve over $560 billion in assets under contract and over $61 billion in assets under management, and is deeply familiar with every aspect of our customer relationships. As we grow our Company, we’re confident that Paul’s strong track record and leadership will significantly impact client relationships and business results.”

Since 2004, Gamble has served in the role of Vice President of National Sales at Financial Engines, during which time he was responsible for all aspects of sales, consultant relations and participant communications. Prior to that, Gamble was responsible for business development and relationships with financial institutions and retirement plan providers nationally.

Gamble has more than 20 years of sales, relationship management and marketing experience in the retirement industry. Prior to joining Financial Engines, he served as Vice President of Institutional Retirement Sales at Scudder Investments and before that, Vice President of Institutional Retirement Sales at Fidelity Investments.

Gamble received a bachelor’s degree in psychology from the College of Wooster. He sits on the executive committee of the Defined Contribution Institutional Investment Association (DCIIA) and is actively involved in industry discussions around improving defined contribution plan design for sponsors and participants.

About Financial Engines, Inc. (NASDAQ: FNGN)

Financial Engines is the nation’s largest independent investment advisor and is committed to providing everyone the trusted retirement help they deserve. The company helps investors with their total retirement picture by offering personalized retirement plans for saving, investment, and retirement income. Co-founded in 1996 by Nobel Prize-winning economist Bill Sharpe, Financial Engines works with America's leading employers and retirement plan providers to make retirement help available to millions of American workers. For more information, visit www.financialengines.com.

Forward-Looking Statements

This press release contains forward-looking statements which may be identified by terms such as “to,” “designed,” “help,” “to meet,” “can,” “will,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the growth of our business. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, demand for and perceived benefits of our services, our ability to successfully deliver our services or to deliver them as designed, our relationships with plan providers and plan sponsors, our ability to compete, our regulatory environment, and other risks, uncertainties and factors contained in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2012, filed with the Securities and Exchange Commission (the “SEC”), and in other reports filed by the Company with the SEC from time to time. You are cautioned not to unduly rely on these forward-looking statements, which speak only as of the date of this press release. Unless required by law, Financial Engines undertakes no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this press release or to report the occurrence of unanticipated events.

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