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Genworth Wealth Management Introduces New Turnkey Offering in GPS Select Solution

   Genworth Wealth Management Introduces New Turnkey Offering in GPS Select
                                   Solution

New investment solutions to help advisors harness the power of sophisticated
diversification

PR Newswire

PLEASANT HILL, Calif., Jan. 31, 2013

PLEASANT HILL, Calif., Jan. 31, 2013 /PRNewswire/ --Genworth Financial Wealth
Management (GFWM), a subsidiary of Genworth Financial (NYSE: GNW), today
announced the introduction of GPS Select Solutions, a suite of sophisticated
new multi-strategist solutions to help grow or preserve wealth, generate
income, or serve a variety of other specific investment goals. GPS Select
Solutions consists of portfolios that incorporate the strategies of multiple
portfolio strategists within single accounts. The portfolios offer financial
advisors on the Genworth Wealth Management platform powerful new ways to help
their clients.

Advisors can use GPS Select Solutions' diversified, multi-strategist
portfolios to provide either a comprehensive investment solution directed at a
broad goal, or a targeted complement to other holdings. GPS Select Solutions
joins the firm's existing GPS Solutions (formerly Genworth Portfolio
Solutions) as part of the family of Guided Portfolios - goal-oriented, turnkey
investment accounts with built-in diversification across asset allocation
approaches and alternative investments.

GPS Solutions were introduced in May 2011 and have $1.6 billion in assets as
of December 2012. The success of this product led the firm to create GPS
Select Solutions to round out the Guided Portfolios offering.

"Increasingly, financial advisors using our platform are looking to us—based
on our expertise, research and rigorous due diligence - to offer powerful, yet
streamlined, investment solutions that reflect our diversification
philosophy," said Gurinder S. Ahluwalia, President and Chief Executive Officer
of Genworth Wealth Management. "Advisors can build portfolios themselves by
combining strategies from our purpose-built roster, and now they can use
Guided Portfolios to serve greater numbers of clients and prospects."

"GPS Select Solutions reflect our deep understanding of the strategists on our
platform and combine their thinking to serve specific investment objectives,"
said Michael Abelson, Senior Vice President of Investment and Product
Management. "They deliver sophisticated strategies of multiple portfolio
strategists with the convenience of a single account, accompanied by numerous
benefits including an all-in-one fee; a single statement; visibility of
underlying holdings and allocation changes; transparency into the investment
process; and ongoing monitoring and rebalancing of assets. We're excited to
offer this unprecedented capability."

GPS Select Solutions feature seven new portfolios that align with client
goals:

Portfolio         Client Goal      Overview                         Minimum
                                                                    Investment
GPS Select                         Comprehensive, diversified
Accumulation      Grow Wealth      investment strategy emphasizing  $250,000
                                   ETFs and cost awareness.
GPS Select        Grow Wealth      Comprehensive, diversified
Accumulation Plus                  investment strategy emphasizing  $250,000
                                  active mutual funds.
                  Generate Income, Comprehensive, diversified
GPS Select        Distribute       investment strategy designed to  $250,000
Retirement Income Wealth           enhance level of income and
                                   control volatility.
                  Preserve Wealth  Comprehensive, diversified
GPS Select Wealth                  investment strategy for wealth   $250,000
Preservation                      preservation and protection from
                                   inflation.
GPS Select Low    Reduce           Focused investment strategy
Volatility        Volatility       targeting low volatility and     $100,000
                                   capital preservation.
GPS Select        Enhance Income   Focused investment strategy
Multi-Asset                        aimed at providing enhanced,     $100,000
Income                            sustainable income across
                                   changing markets.
                                   Focused investment strategy
GPS Select        Reduce Downside  aimed at increasing
Tactical          Risk             diversification through          $100,000
Advantage                          less-correlated strategies and
                                  capturing opportunities across
                                   evolving markets.

For more details on this suite of investment strategies, visit
www.genworthwealth.com/gps.

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: Insurance and Wealth Management, which includes U.S. Life
Insurance, Wealth Management and International Protection segments; Global
Mortgage Insurance, which includes U.S. and International Mortgage Insurance
segments; and the Corporate and Runoff division. Its products and services are
offered through financial intermediaries, advisors, independent distributors
and sales specialists. Genworth Financial, Inc., which traces its roots back
to 1871, became a public company in 2004 and is headquartered in Richmond,
Virginia. 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

Website: http://www.genworthwealth.com
Contact: Annette Bronkesh, Bronkesh & Associates, +1-973-778-8648
 
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