According to Hearsay, these features can be synced to a firm’s customer relationship management (CRM) system.
TD Ameritrade Introduces Model Market Center
TD Ameritrade Institutional has launched “Model Market Center,” a technology platform for do-it-yourself registered investment advisors that allows them to save time on building investment models.
The platform provides 62 third-party investment models from providers such as Goldman Sachs, Russell Investments, State Street, Wilshire Associates and WisdomTree. TD Ameritrade plans to include more providers and investment models in the future.
Model Market Center allows advisors to choose suitable models for clients, create blended models, customize portfolios for clients, do discretionary trading and access investment models at no additional cost. The company says Model Market Center can make advisors competitive with lower-cost robo-advisors.
Private College 529 Plan Expands With More Colleges
The Private College 529 Plan added nine colleges and universities that allow families to prepay college tuition. More than 290 schools participate in the plan.
The newest participants are Bucknell University in Pennsylvania, Davidson College in North Carolina, East Texas Baptist University, Emerson College in Massachusetts, Indiana Wesleyan University, College of St. Benedict in Minnesota, St. John’s University in Minnesota, Spring Hill College in Alabama and the University of Southern California.