New Service Puts Your Investments on Cruise Control, Provides Access to a Financial Advisor to Ensure a High-Quality Experience(Tech Financial Management)
Tech Financial Management, a division of Tech CU (Technology Credit Union), announced the launch of Guided Wealth Portfolios. Powered by LPL Financial, the new service is designed to provide consumers with affordable, automated digital investment capabilities. The service will also provide access to a financial advisor. Now, consumers have the freedom to make their own financial decisions backed by professional advice when needed.
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“Our goal is to improve our members’ financial well-being and make investing more accessible,” said Todd Harris, CEO of Tech CU. “That is why we have paired our robo-advising service with access to a financial advisor as soon as someone chooses to open an account. Users receive access to someone who can help guide them and ensure they are investing appropriately to meet their goals. It is also why we have a lower required opening balance than similar services that often require a high initial investment amount before receiving access to an advisor.”
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Guided Wealth Portfolios (GWP) provide:
- Automated investing technology with 24/7 online access
- Access to personalized financial advice from an experienced financial advisor
- Daily monitoring, automatic rebalancing, and potential tax savings
To get started, users will answer a few questions online about themselves, their goals, and their investing style. Then GWP’s sophisticated technology will suggest an investment strategy and manage their money accordingly. It will continue making adjustments as needed to keep their finances on track.
“Investing can be complex and intimidating and it’s often assumed that you need a lot of money just to get started. We wanted to provide a tool to address these common issues; GWP is simple, easy-to-use, and requires less capital to start,” said Robert Reed, Executive Vice President and Chief Retail Banking Officer at Tech CU.
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