USA Financial Exchange Adds Additional Asset Managers to its Turnkey Asset Management Program
Investment strategies from Horizon Investments and Flexible Plan Investments now available to the firms' financial advisors and their clients
Aug 08, 2017, 08:36 ET
ADA, Mich., Aug. 8, 2017 /PRNewswire/ -- USA Financial Exchange℠ has added Horizon Investments and Flexible Plan Investments to its list of asset managers on its turnkey asset management program (TAMP). The TAMP makes dozens of institutionally managed investment strategies available through a unified management account (UMA). According to the most recent regulatory filings, Horizon Investments manages more than $2.9 billion and Flexible Plan Investments manages more than $1.6 billion.
Horizon and Flexible Plan Investments join a group of other recognized asset managers on the USA Financial Exchange platform, including BTS Asset Management, Q3 Asset Management, Symmetry Partners, USA Financial Portformulas, W.E. Donoghue & Co., Inc., and CLS Investments. "We're not looking to add asset managers for the sake of adding managers," said Matt McGrew, Chief Operations Officer of USA Financial. "Our primary goal is to add managers with strategies that complement one another in the asset-management equation and are willing participants in partnering with us to educate and explain how their strategies work within an investment portfolio. Horizon and FPI each have a unique set of strategies that we've made available on the platform, including some income-based solutions, as well as socially responsible and faith-based strategies."
Outsourcing investment management is considered a best practice for most broker-dealers, registered investment advisor firms (RIAs), and other family offices. TAMPs also enable financial advisors to work with their clients more effectively and support functions ranging from operations to compliance to reporting.
USA Financial introduced the platform in October 2016 to a small group of advisors and reported immediate positive feedback and quick adoption. The firm was recognized in 2016 for the third consecutive year on the prestigious Inc. 5000 list, which refers to the 5,000 fastest growing, privately held companies in America. "We really wanted to make the entire process easier for financial advisors and their clients," said Brent Enders, President of USA Financial. "It's exciting to see that vision being carried out by our team and being embraced by the advisors and clients we serve."
About USA Financial
Founded on April 1, 1988, USA Financial is a privately owned, independent financial services firm serving both investors and financial advisors throughout the country. The firm is committed to empowering financial advisors and investors by helping advisors grow their practice and serve their clients with a wide array of financial solutions and technology offerings. The USA Financial family of companies includes USA Financial Securities (FINRA-registered broker-dealer and registered investment adviser), USA Financial Insurance Services (insurance wholesaler), USA Financial Portformulas® (a registered investment advisor and formulaic trending money manager), USA Financial Media (multimedia firm and producer of the nationally syndicated USA Financial Radio Show), and USA Financial Exchange℠ (a turnkey asset management platform). Each of these companies plays a vital role in the overall value proposition offered by USA Financial to its advisors and investors. Visit its website at www.usafinancial.com.
Contact:
Christine Steele
Marketing & Communications Manager
(888) 444-0125
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SOURCE USA Financial