New products and changes introduced over the last week include an online alternatives investment platform from Nuveen, an individual disability income policy from Guardian Life Insuranc, and another inverse ETF from Direxion.
In addition, MAXIS GBN launched a global risk solution for multinational companies to insure their local workforce and Dynasty Financial Partners launched its Core Value Pillars.
Here are the latest developments of interest to advisors:
1) Nuveen Adds Online Alternatives Investment Experience
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Nuveen, the operating division of TIAA Global Asset Management, partnered with Artivest to launch an online alternatives investment platform for registered investment advisors, family offices, private banks and other financial advisors serving qualified high-net-worth investors.
Users of the platform can allocate alternative investments across client portfolios and monitor investment activities. Alternative investments include real estate, agriculture, infrastructure, private equity and credit-based and long/short strategies. Other capabilities of the new platform include client onboarding and access to educational and marketing materials. The platform also includes a full-service support team.
2) Guardian Adds Individual Disability Income Policy
The Guardian Life Insurance Company of America launched Provider Choice, individual disability income protection in three packages with customization options.
Each package includes a base policy with hospice care and provisions for serious illnesses such as cancer, stroke, and heart attack, and can be customized with riders such as retirement plan contributions, partial disability, inflation protection and student loan repayment.
3) Direxion Adds Inverse ETF