CLS Investments Announces New Asset-Based Lending Program

OMAHA, Neb., Aug. 24, 2011 /PRNewswire/ -- CLS Investments, a leading investment management firm specializing in delivering innovative risk budgeted strategies through multiple investment vehicles, is pleased to announce a new lending program that will allow CLS clients to use their CLS-managed assets as collateral for an installment loan. The loan program is backed by United Republic Bank, also based in Omaha.

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"The program will allow our clients to access cash through their investments and pay it back over a short period of time, typically 30 to 90 days," said CLS President Todd Clarke. "While this type of loan is not in high demand, we believe it meets a very specific need among our clients, particularly small business owners, and makes it easier for them to manage their business without having to worry about taking on outside bank loans."

CLS currently works with more than 1,500 advisors to manage 40,000 individual client accounts. As a partner to advisors and broker dealers nationwide, CLS provides innovative solutions and strategies that allow financial professionals to focus on growing their fee-based business and provide professional money management to their clients.

"We are very excited about this program and look forward to offering a seamless solution to CLS advisors," said United Republic Bank President and CEO Michael Pate. "Like CLS, we are committed to serving the Omaha community and we are thrilled to be able to partner with such an outstanding organization and look forward to building a long-term relationship with CLS and their clients."

For more information about CLS Investments, please contact Rachael Fisher-Layne at 973-850-7318 or [email protected].

About CLS Investments

CLS Investments is a leading investment management firm specializing in delivering innovative Risk Budgeted strategies through multiple investment vehicles. As one of the largest active third-party money managers in the United States, CLS works with more than 1,500 financial advisors to manage their 40,000 individual clients' portfolios. Using a disciplined approach and unique methodology, CLS identifies risk budgets based on an individual investor's financial goals, ability to handle risk and overall time horizon. CLS then allocates client accounts by overweighting strong asset classes while keeping the risk level consistent. Once a risk budget is assigned, that risk cannot be over-spent, nor can it be underused. CLS also manages the AdvisorOne Mutual Funds, which invest in ETFs to provide diversified risk-budgeted portfolios in a single fund.

SOURCE CLS Investments