Credits Growth to Rapid Adoption of its Proprietary Portfolio Construction Program, Market Movement Strategies
HEBRON, Ky., Oct. 26, 2017 (GLOBE NEWSWIRE) — FTJ FundChoice, a national turnkey asset management program (TAMP) headquartered in Hebron, KY, announced today that it has surpassed $9B in assets under administration (AUA).
The nearly $2B increase in net new assets over the past 8 months is a result of the growing adoption of Market Movement Strategies – a proprietary portfolio construction program that helps advisors diversify portfolios by blending three distinct investment strategies in one proposal.
“We are thrilled that our offering is resonating with the financial advisory industry,” said Dean Cook, President of FTJ FundChoice. “Our focus has revolved around helping advisors compete with practical solutions while maintaining a consistent, highly-accessible service culture as we grow.”
This year, FTJ FundChoice launched an advisor-led digital advice tool, Portfolio Target™, created a Separately Managed Account Program for high-net-worth investors, and added 5 investment strategists to its Strategist Program™ – Cougar Global Investments, Meeder Private Wealth Management (SMA), American Funds, Russell Investments, and Appleton Partners (SMA).
To accommodate rapid growth, FTJ FundChoice has also added a new advisor support role, Relationship Manager, and upgraded its automated account opening capabilities through DocuSign.
New Relationship Managers will help deliver personalized advisor service through assisted proposal creation, platform navigation and usage, and office staff training. Enhanced automated account opening will further simplify the back office and streamline workflows to enable continued growth.
About FTJ FundChoice
Founded in 2001, FTJ FundChoice, LLC, an SEC Registered Investment Advisor, provides advisors access to independent asset allocation strategies and model trading functionality. FTJ FundChoice assists advisors in simplifying their business by absorbing back office tasks, such as trade reconciliation, account administration, fee billing and performance reporting, allowing the advisor to spend more time on client relationship-building activities.