Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Products October 8, 2008
New Partnership Offers ETF Managed Account Portfolios
October 8, 2008 (PLANSPONSOR.com) - New Frontier, a
Boston-based research and investment advisory firm, has
partnered with FundQuest to offer exchange-traded fund (ETF)
managed account portfolios to financial advisers.
Reported by Fred Schneyer
According to a news release, the new Web-based platform, “New Frontier Global Strategic Model Portfolios,” will be initially available to more than 35 adviser (RIA) firms who custody at Pershing.
The announcement said the clients will benefit from
tools and services for client profiling, portfolio
recommendations, portfolio construction, and flexible
reporting options including both online snapshots and
quarterly performance reporting.
New Frontier currently oversees over $1 billion in global
ETF asset allocation portfolios.
“We have seen tremendous growth in the demand for
our ETF asset allocation strategies over the last several
years,” said Richard O. Michaud, President and Chief
Investment Officer at New Frontier, in the news
announcement. “By teaming with FundQuest, we
are able to give advisers a turnkey package that combines
access to our leading edge investment products with the
advanced capabilities of one of the industry’s
leading advisory platforms.”