“We’ll look at virtually any security and asset class, and if we can’t purchase it through traditional means we’ll make structured products around it,” says Mike Kane, Hedgeable’s co-founder, who adds that financial advisors can tap into the company’s platform for their clients’ portfolios.
Hedgeable has no minimum account size, offers more than 20 account types and charges an annual fee ranging from 0.30% to 0.75%.
“The three [Robo 3.0] start-ups I referenced won’t necessarily be the disruptors—they’re too small,” Trout says. “I see them as green shoots among robos thinking about active management and alternative asset classes like Bitcoins and FX, and giving clients sophisticated options other than just a basket of plain ETFs.”