A news release said advisers using the platform can select from 14 portfolio categories to meet a range of investor risk profiles and serve different investor tax situations. CFS is a provider of investment and insurance solutions to credit unions.
“Credit union members and their financial advisers face a confusing barrage of comparisons between the lower cost of passive management (index-based mutual-funds and ETFs) versus the performance of actively managed funds,” said Steve Hollenbeck, senior vice president, marketing, CFS, in the news release.
In addition to the ActivePassive Portfolios, the CFS platform offers mutual fund models, unified managed accounts, ETFs, separate account managers, and adviser-directed managed accounts, the news release said.
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