New products introduced over the last week include a new ETF education website from Charles Schwab; Envestnet-Tamarac has collaborated with Schwab Intelligent Technologies on an integrated data and reporting solution for advisors; Clark Capital Management added three retail strategies to their 401(k) plans; and Russell launched a new strategic call overwriting fund.
In addition, Focus Financial Partners launched a succession planning solution; Pioneer Investments launched a new educational program; and ChartLabPro.com launched an automated sector exposure portfolio diagnostics solution.
Here are the latest developments of interest to advisors:
1) Schwab Launches ETF Education Exchange Site
What Your Peers Are Reading
Investors who need more education on ETFs can now head to the ETF Education Exchange, a new website from Charles Schwab that aggregates educational content, research and market insights from ETF industry leaders.
Articles, tools and resources on the site are available to investors free of charge. Its main categories include strategies; market insights; classroom; and industry. First-time site visitors must register to gain access, and are asked to identify their level of ETF knowledge so that information can be delivered based on that profile.
The site is a collaborative effort among issuers and experts in the ETF industry, with educational content from more than 20 outside contributors that currently include ETF sponsors, third-party researchers and advisors.
Contributed material undergoes an editorial board review process to ensure consistency with the site’s purpose of educating investors about ETFs and how to use them. Charles Schwab & Co., Inc. and Charles Schwab Investment Advisory are subject to all editorial standards when submitting content for consideration.
2) Envestnet-Tamarac Collaborates With Schwab Intelligent Technologies
Envestnet-Tamarac has announced a collaboration with Schwab Intelligent Technologies to provide an integrated data and reporting solution for advisors using Schwab OpenViewGateWay and Envestnet-Tamarac’s Advisor Xi Suite.
Through this integration, advisors who custody with Schwab can securely access custodial data in real time from Tamarac’s performance reporting and billing application, Advisor View, as well its client relationship management system, Advisor CRM. By utilizing this integration, advisors will be able to serve their clients from an integrated system with a single sign-on. Integrated custodial information includes account and contact information, balance data, alerts, and reports such as statements, tax documents and trade confirmations.
3) Clark Capital Management Group Introduces 3 New Portfolios to 401(k) Plans
Clark Capital Management Group announced Tuesday the addition of three retail strategies into their Navigator 401(k) solutions.
The Navigator Fixed Income Total Return strategy implements a tactical approach to the fixed income market to help drive income while attempting to reduce risk. The Navigator Global Equity ETF strategy is a global asset allocation portfolio designed for the more aggressive investor. The Navigator High Dividend Equity strategy focuses on high-quality domestic equities that demonstrate potential to generate and raise their dividends over time, and seeks above-average dividend yield with a complementary option overlay strategy to help increase the overall yield of the portfolio.
4) Russell Launches Strategic Call Overwriting Fund