CUFN works with LPL Financial, the independent broker-dealer giant with more than 4,500 financial advisers and offices in Boston, Charlotte, N.C., and San Diego.
While CUFN pre-screened the advisers for Stanford Federal Credit Union's financial planning program and did the training, McIlhaney said he is not completely hands off.
For more than seven years, CUFN has set out to make that happen.
Prior said CUFN analyzed several programs before deciding on 72 Enterprises LLC, a financial planning software solution provider.
CUFN wanted to make online program cost efficient given that some large investment firms require a minimum of $100,000 in assets before visits are even scheduled, Prior pointed out.
In December 2008, CUFN's credit union clients offered the service as an employee benefit.