According to a news release, the new Web-based platform, “New Frontier Global Strategic Model Portfolios,” will be initially available to more than 35 adviser (RIA) firms who custody at Pershing.
The announcement said the clients will benefit from
tools and services for client profiling, portfolio
recommendations, portfolio construction, and flexible
reporting options including both online snapshots and
quarterly performance reporting.
New Frontier currently oversees over $1 billion in global ETF asset allocation portfolios.
“We have seen tremendous growth in the demand for our ETF asset allocation strategies over the last several years,” said Richard O. Michaud, President and Chief Investment Officer at New Frontier, in the news announcement. “By teaming with FundQuest, we are able to give advisers a turnkey package that combines access to our leading edge investment products with the advanced capabilities of one of the industry’s leading advisory platforms.”