E*TRADE Raises the Bar with Adaptive Portfolio
June 07 2016 - 4:05PM
Business Wire
New solution delivers automated investing with
access to human support
Unlike traditional auto-investing solutions,
Adaptive Portfolio offers a distinctive combination of actively and
passively managed funds
- Portfolios include a combination of
mutual funds and ETFs, or ETFs only,
- No proprietary products,
- One percent target cash allocation
across all portfolios,
- Automated drift rebalancing,
- Access to a dedicated managed account
support team,
- Annual net advisory fee of 0.3 percent
with no separate trading commissions, and
- Account minimum of $10,000.
E*TRADE Financial Corporation (NASDAQ:ETFC) today announced the
launch of Adaptive Portfolio, an innovative investing solution that
offers investors a diversified portfolio based on their investment
objective, time horizon, and risk tolerance, with automated
rebalancing and access to a managed account support team.
“We are thrilled to raise the bar with this entirely new way to
invest with E*TRADE,” said Dave Herbert, SVP of Retail Services at
E*TRADE Financial. “As a hybrid financial services company focused
on digital investing backed by human support, this new offering
embodies our strengths. Adaptive Portfolio makes it easy for even
the most novice investor to set up a diversified portfolio online,
while also providing access to a dedicated team of financial
consultants.”
Adaptive Portfolio offers hybrid portfolio options employing
passive management to track broader, more efficient segments of the
market, while leveraging active management that seeks to maximize
performance in narrower and less liquid market segments. Investors
have the option of choosing either a hybrid mutual fund and ETF
portfolio, or an all-ETF version that is entirely passive.
“When examining the automated investing landscape today,
investors typically are limited to passive management strategies,”
said Lena Haas, SVP of Retirement, Investing and Savings. “With the
introduction of Adaptive Portfolio, we aim to kick-start a new
phase in the automated investing evolution by offering investors
access to more strategies to help them meet their goals.”
Adaptive Portfolio helps keep investors on track with their
target asset allocation through automated drift rebalancing when
necessary. Fully integrated with etrade.com, Adaptive Portfolio
begins with an interactive questionnaire, designed to help map
investors to one of six main portfolios based on goals, risk
tolerance, and time horizon. Once a portfolio has been selected,
investors may examine the recommended asset classes and compare
their target allocations to other risk profiles.
Adaptive Portfolio is offered by E*TRADE Capital Management and
complements the Company’s suite of managed products, including
Managed Investment Portfolios and Unified Managed Accounts. To
learn more about Adaptive Portfolio or any of these offerings,
visit etrade.com.
For useful insight from E*TRADE and third-party investment
professionals, follow the company on Twitter, @ETRADE.
About E*TRADE Financial
E*TRADE Financial and its subsidiaries provide financial
services, including online brokerage and related banking products
and services to retail investors. Securities products and services,
including stocks, bonds mutual funds, options, and ETFs are offered
by E*TRADE Securities LLC (Member FINRA/SIPC). Managed Account
Solutions are offered through E*TRADE Capital Management, LLC, an
investment adviser registered with the Securities and Exchange
Commission. Bank products and services are offered by E*TRADE Bank,
a Federal savings bank, Member FDIC, or its subsidiaries and
affiliates.
More information is available at www.etrade.com.
ETFC-G
Important Notices
E*TRADE Financial, E*TRADE and the E*TRADE logo are trademarks
or registered trademarks of E*TRADE Financial Corporation.
© 2016 E*TRADE Financial Corporation. All rights reserved.
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version on businesswire.com: http://www.businesswire.com/news/home/20160607006323/en/
E*TRADE Media
RelationsThayer Fox,
646-521-4418thayer.fox@etrade.comorE*TRADE
Investor RelationsBrett Goodman,
646-521-4406brett.goodman@etrade.com
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