ThinkAdvisor

Franklin Templeton Launches 3 Passive ETFs: Portfolio Products

By Emily Zulz

Betterment for Advisors announced an additional feature to the platform – a Mutual Funds ACATS process.

This enhancement gives advisors the ability to use ACATS to transfer clients’ mutual fund investments from external accounts into Betterment for Advisors.

The process, which Betterment says is “simple” and “intuitive,” supports most major mutual fund families. When funds are transferred using ACATS, they’ll be held in a Transferred Securities goal until advisors want to sell out of the position and into a Betterment portfolio strategy.

Read the Original Article

This article originally published October 15th, 2018 on ThinkAdvisor.

Ready to deliver a whole new kind of experience?

Request a Demo