FTJ FundChoice introduces a robo alternative

TAMP's Portfolio Target gives advisers an interactive portfolio tool for clients

Jun 21, 2017 @ 11:17 am

By InvestmentNews

+ Zoom

In a move to help advisers compete with robo-platforms, FTJ FundChoice, a turnkey asset management program, has launched a digital advice service that allows clients to work online with adviser-selected investment options.

The service, called Portfolio Target, "allows for strategist-led and custom portfolios, offers thorough risk analytics and provides extensive opportunities" for private labeling and promotion, the firm said in a release.

After advisers complete a set-up by building model portfolios using third-party offerings or their own custom portfolios, clients can access the system to indicate their investment goals and answer a series of investment and lifestyle questions. Portfolio Target then calculates a personalized score to identify investment options.

FTJ FundChoice, based in Hebron, Ky., has $8 billion in assets under administration.

0
Comments

What do you think?

View comments

Recommended for you

Sponsored financial news

Featured video

Events

Cybersecurity threats advisers are seeing right now

The key threats advisers are seeing right now seem to change daily. Michelle Thetford of Schwab Advisor Services explains how to protect yourself and your clients.

Latest news & opinion

Sean Spicer resigns as press secretary after Anthony Scaramucci is appointed communications director

Scaramucci is known as an ardent foe of the DOL fiduciary rule, having said during the campaign that Trump would repeal it .

Redoing the math on a 4% retirement withdrawal rate

Given the current interest-rate environment and other factors, advisers disagree about whether the number is too conservative or not conservative enough.

House panel passes bill to replace DOL fiduciary rule with one requiring disclosure of conflicts

Measure likely to continue in partisan advance in House, but could stall in Senate.

Morgan Stanley says recruiting and attrition have slowed down

If wirehouses can successfully reduce their reliance on signing bonuses to recruit brokers, they could increase profits.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print