USA Financial, a financial services firm serving both clients and financial advisors, has rolled out a turnkey asset management programme (TAMP), called USA Financial Exchange, to its financial professionals.
The platform will make dozens of strategies managed by institutional managers available through a unified management account.
Investors wishing to employ the strategies of a variety of different money managers can open an account through the TAMP and execute multiple investment strategies within one account, the company said.
The TAMP does not have a minimum investment amount and has strategies available that will manage as little as $1,000.
USA Financial CEO Mike Walters said: "The flexibility and ease to move from one manager's strategy to another makes this platform a sensible alternative to separately managed accounts (SMAs) and mutual fund wrap programs."
USA Financial president Brent Enders said: "Our growth can be attributed to our focus on quality over quantity and a commitment to innovation. We expect this TAMP to be an integral part of our firm's future growth.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
The financial services provider launched TAMP in October to a small group of advisors.