Chicago-based Oranj announced on Monday the addition of a lineup of income-oriented mutual funds to its platform for financial advisors.
Pacific Funds will join a growing list of asset management partners offering funds and strategies on the Oranj platform, according to an announcement from the fintech firm.
“Pacific Funds is one of the finest asset managers in our industry and their mutual funds with income-focused strategies make an important addition to our diverse and multipurpose platform,” said David Lyon, CEO and founder of Oranj, in released comments. “The Oranj model marketplace helps financial advisors consolidate and access a variety of different investment solutions in one place. With Pacific Funds’ range of mutual funds, advisors who use the Oranj platform will have access to an expanded variety of investment solutions to serve their clients.”
The Pacific Funds lineup includes fixed income, equity and multi-asset strategies designed for income generation.
Oranj now offers over a thousand strategies from dozens of partners on its free-to-use wealth management platform.