Edelman Financial Engines Data Breach Lawsuit Investigation
On February 4, 2026, Edelman Financial Engines disclosed a cybersecurity incident involving unauthorized access to certain client information. If you received a breach notification letter, you may be entitled to compensation and complimentary identity-protection services. Contact us today for a free, no-obligation case review.
Timeline of Key Events
January 7, 2026 — Unauthorized access detected and terminated.
February 4, 2026 — Data breach reported to the Maine Attorney General and notification letters issued.
What Happened?
According to the company’s notice filed with the Maine Attorney General, an unauthorized third party gained access to Edelman Financial Engines’ (EFE) systems on January 7, 2026. EFE states it “quickly detected this activity, promptly terminated the unauthorized access, and investigated the incident with the support of external security experts.” No direct access to individual EFE investment accounts occurred.
What Information Was Exposed?
The investigation determined that the following personal data was accessed:
Name
Social Security number
Date of birth
Address
Phone number
Email address
Other financial-planning information
Company Response
Edelman Financial Engines reports it has:
Terminated the unauthorized access promptly after discovery.
Engaged external cybersecurity specialists to investigate and remediate the incident.
Arranged 24 months of complimentary credit and identity-monitoring services through Kroll, including:
Credit monitoring & current credit report
Dark web and Social Security number scans
Pay-day loan monitoring
Up to $1 million identity fraud loss reimbursement
Fraud consultation & identity-theft restoration
Recommended Next Steps for Impacted Individuals
Enroll in the free Kroll identity-protection package using the instructions in your letter.
Review bank, credit-card, and EFE account statements for unfamiliar transactions.
Obtain and monitor your credit reports for new accounts you did not open.
Consider placing a fraud alert or security freeze with the credit bureaus.
Report suspicious activity to EFE at 1-888-912-0371 (Mon–Fri, 9 a.m.–9 p.m. ET).
Can You File a Data Breach Claim?
If your personal information was accessed, you could pursue compensation for out-of-pocket losses, time spent addressing the breach, and future risk of identity theft. Class action investigations examine whether EFE:
Maintained reasonable security measures under state and federal law;
Provided timely and adequate notice to all affected consumers;
Is liable for resulting damages.
Preserve your rights: consult a data-privacy attorney promptly after receiving a letter to avoid missing critical deadlines.
Company Overview
Edelman Financial Engines, LLC (Edelman Financial Engines) is a U.S. financial-services firm providing wealth management and retirement-planning solutions.
Website: edelmanfinancialengines.com
Contact: Contact Us
Headquarters: 4555 Great America Parkway, Santa Clara, California, USA
Industry: Financial services
Year founded: 1986
Employees: 1,500 ±
Sources
Impacted Entities
Frequently Asked Questions
I received a data breach letter from Edelman Financial Engines — what should I do?
Follow the enrollment instructions for the complimentary Kroll monitoring, review all financial accounts for unauthorized activity, and speak with a data-breach attorney about your legal options.
How many people were affected by the Edelman Financial Engines breach?
EFE’s public filing with the Maine Attorney General did not list a specific individual count. Impacted consumers were notified directly by mail.
What information did the Edelman Financial Engines breach expose?
Names, Social Security numbers, dates of birth, addresses, phone numbers, email addresses, and certain financial-planning details.
Did Edelman Financial Engines offer credit monitoring, and for how long?
Yes. Affected individuals are eligible for 24 months of free credit and identity-monitoring services from Kroll.
How do I submit a claim related to the Edelman Financial Engines breach?
Contact a data-privacy attorney or class action firm handling the investigation. Provide a copy of your notification letter and any evidence of fraud or expenses.
How can I get the official breach notice (PDF) for Edelman Financial Engines?
You can download it directly from the Maine Attorney General’s website using the link above.
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