Edelman Financial Engines, LLC Data Breach – Investigated by Federman & Sherwood
February 4, 2026 – Federman & Sherwood is investigating a data breach involving Edelman Financial Engines, LLC, following a notification filed with the Maine Attorney General.
According to the filing, Edelman Financial Engines discovered an incident on or about January 8, 2026, after determining that certain information may have been accessed or disclosed without authorization. The breach reportedly occurred on January 7, 2026. Edelman Financial Engines identified the issue shortly thereafter and initiated an investigation into the scope and nature of the incident.
The information potentially involved includes names and other personal identifiers, depending on the individual affected. The company reported that approximately 5,083 individuals were impacted nationwide, including five Maine residents.
Edelman Financial Engines stated that it began notifying affected individuals in writing on January 28, 2026. As part of its response, the company is offering 24 months of identity theft protection and credit monitoring services through Kroll.
Federman & Sherwood is investigating whether Edelman Financial Engines, LLC implemented reasonable cybersecurity safeguards, whether the incident could have been prevented, and whether individuals impacted by the breach may have legal claims.
The potentially compromised information may include:
- Name
- Social Security number
- Other sensitive information
What is Edelman Financial Engines, LLC?
Edelman Financial Engines, LLC is a large independent, fee-only registered investment advisor providing comprehensive financial planning, wealth management, and 401(k) advisory services.
Individuals who received a data breach notification letter or believe they may have been affected are encouraged to contact Federman & Sherwood to learn more about their rights.
Phone: 1-800-237-1277
Email: info@federmanlaw.com
This is for informational purposes and is not a solicitation.