TD Ameritrade Institutional’s Model Market Center Lets RIAs Streamline Investment Management – For Less
A marketplace of models lets RIAs research and implement third-party investment strategies for their client portfolios
This revolutionary platform lets independent RIAs on the
With Model Market Center, advisors can select from a broad menu of third-party investment models in one, central location. The platform then seamlessly leverages iRebal® on Veo® -- TD Ameritrade’s powerful trading and portfolio management technology -- to execute those models in the manner they choose. As providers update their models, changes are automatically communicated to advisors.
For do-it-yourself advisors, Model Market Center can save the time spent building models from scratch, so they can devote more time working with clients and financial planning, while retaining investment management fiduciary control and responsibility, flexibility, and trading discretion.
And for those that employ traditional third-party platforms, Model Market Center can represent a less-costly alternative. A broad menu of models is available to advisors at no additional fee2, and there’s no investment minimum for assets held at
“Investment management isn’t just time-consuming, it’s increasingly commoditized. Model Market Center lets advisors apply the investment strategies of well-known money managers with a few clicks. So though advisors must still research investment options and monitor models, our new platform can help them focus more on those activities that deliver greater value,” said
Model Market Center currently offers access to a selection of models from eight investment managers:
-
Anchor Capital Advisors - CLS Investments
- Cambria Investments
- Goldman Sachs Asset Management
- Russell Investments
- State Street Global Advisors
-
Wilshire Associates - WisdomTree Investments
“And this is only the beginning. Model Market Center is an open-architecture platform and we expect to add more providers and models over time,” Fava said.
Keeping Pace Through Innovation
Many RIAs choose to outsource the work of investment management to third-party asset management platforms, also known as TAMPs, which help advisors by taking over full discretion of investment management and sharing of fiduciary responsibility in exchange for overlay fees.
Model Market Center presents a different approach. After advisors complete their due diligence they can subscribe to investment models and download them directly into iRebal on Veo®, the powerful, tax-efficient rebalancing tool available at no additional cost for accounts held with TD Ameritrade Institutional. There, advisors can implement one model or blend multiple models -- including those they build themselves -- based on the unique needs of each client account.
The models currently available are comprised of ETFs and mutual funds, but over time may include individual stocks and other securities. Some models leverage TD Ameritrade’s expanded menu of commission-free funds available through the ETF Market Center.
Since Model Market Center was activated on
“One of the top concerns we hear from advisors is they don’t have the time to create their own models, and yet SMAs can be expensive. So, we like the Model Market Center concept: it’s a good, low-cost alternative, particularly in investment areas where margins are thinner,” said
To Learn More
To learn more, TD Ameritrade Institutional clients can visit The Education Center on Veo® or contact their relationship manager. Other advisors are invited to call (800) 934-6124.
Material made available through the Model Market Center is provided by third-party Model Managers who are separate from and unaffiliated with
Model Market Center is an offering of
ETFs are subject to risk similar to those of their underlying securities, including, but not limited to, market, investment, sector, or industry risks, and those regarding short-selling and margin account maintenance. Some ETFs may involve international risk, currency risk, commodity risk, leverage risk, credit risk, and interest rate risk. Performance may be affected by risks associated with non-diversification, including investments in specific countries or sectors. Additional risks may also include, but are not limited to, investments in foreign securities, especially emerging markets, real estate investment trusts (REITs), fixed income, small-capitalization securities, and commodities. Each individual investor should consider these risks carefully before investing in a particular security or strategy. Investment returns will fluctuate and are subject to market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV).
Information provided by
Particular commission-free ETFs may not be appropriate investments for all investors, and there may be other ETFs or investment options available at
ETFs purchased commission-free that are available on the TD Ameritrade ETF Market Center are available generally without commissions when placed online in a TD Ameritrade account. Other fees may apply for trade orders placed through a broker or by automated phone.
No Margin for 30 Days. Certain ETFs purchased commission free that are available on the TD Ameritrade ETF Market Center will not be immediately marginable at
1 TD Ameritrade Institutional is a division of
2 Standard TD Ameritrade Institutional custody fees and fund management fees apply. In the future, models that require a usage fee may be added to the platform.
About TD Ameritrade Institutional
TD Ameritrade Institutional is a leading provider of comprehensive brokerage and custody services to more than 6,000 fee-based, independent RIAs and their clients. Our advanced technology platform, coupled with personal support from our dedicated service teams, allows investment advisors to run their practices more efficiently and effectively while optimizing time with clients. TD Ameritrade Institutional is a division of
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View source version on businesswire.com: http://www.businesswire.com/news/home/20180117005269/en/
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joseph.giannone@tdameritrade.com
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