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Who is Devenir and what is their role with The HSA Authority Investment accounts?

Devenir Investment Advisors, LLC, is an SEC registered investment advisor that was chosen by Old National Bank to research and select The HSA Authority Investment account mutual fund investment options. Devenir’s investment selection methodology screens the plan’s mutual fund options on several criteria, which includes, but is not limited to, total fund performance, category ranking by Morningstar® and track record. Devenir will periodically review and may recommend changes in the group of mutual funds available. If a particular fund no longer meets Devenir’s investment selection criteria, it will be discontinued as an investment option. You will not be given a separate notice of these changes; however, changes to the fund line-up will be reflected on the investment website and on the quarterly HSA Investment Options listing.

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