SOURCE: ModernAdvisor

ModernAdvisor

December 08, 2016 12:30 ET

ModernAdvisor Launches Custom Portfolios

The new service dramatically reduces the cost of personalized investment portfolios

VANCOUVER, BC--(Marketwired - December 08, 2016) - Today ModernAdvisor is pleased to announce the launch of its newest service, Custom Portfolios. Custom Portfolios enables investors to personalize ModernAdvisor's standard portfolios to better suit their needs and preferences. When designing a Custom Portfolio, ModernAdvisor will take its clients' total net worth into account, not just the portion managed by ModernAdvisor.

"While our broad range of standard portfolios work well for most investors, we often come across clients with special circumstances. They may have substantial liquid or illiquid investments outside of ModernAdvisor that should be considered when designing a suitable portfolio. For these clients, we now offer to take a holistic view of their net worth and design their ModernAdvisor portfolio to make sure their overall investment portfolio is suitable", says Navid Boostani, co-founder and CEO of ModernAdvisor.

ModernAdvisor uses high-quality, low-cost Exchange Traded Funds to build Custom Portfolios for its clients. The service is available to clients who invest $150,000 or more with the firm at no additional cost. Clients who qualify can work with one of the firm's registered investment advisors to personalize their investment portfolios.

"Traditionally, this level of service would cost more than 1% per year, and would often require a higher account balance. Now you can get a customized portfolio for an annual fee of 0.40% or less, which is unprecedented in Canada", says Boostani.

To learn more, contact ModernAdvisor today.

About ModernAdvisor

ModernAdvisor is one Canada's leading online investment management platforms based out of Vancouver. The company's mission is to help more Canadians reach their investment goals through transparent, unbiased and low-cost investment management services. ModernAdvisor uses technology to bring Canadians intelligent investing at a fraction of the cost of a traditional advisor.

ModernAdvisor is registered in all Canadian provinces and the Northwest Territories.

Contact Information

  • Contact Information
    Navid Boostani, CEO
    Tel: 604.259.6380
    Email: navid@modernadvisor.ca
    Address: 230-1075 West Georgia Street, Vancouver, BC V6E 3C9