"If you go to a wealth management firm today you can open a separately managed account in which professional portfolio managers will actively trade on your behalf," said Perry Blacher, CEO of CVIM. "A Multi-Managed account opens this up to any investor looking for expert management. Unlike buying expensive individual mutual funds you benefit from the hard work of others with the safety and security of your own managed account."
CVIM works by licensing real time trading data from managers about what investments they are making in their own accounts. It creates a model of each manager's account, and provides you with the online tools to decide which suit you best. You then subscribe directly to one or multiple models, and these are auto-traded for you in your own managed account.
Part of the power of the CVIM Multi Managed Account lies in its being an open platform for investment talent. CVIM has no Wall Street conflicts of interest, recruiting the investors to manage models both from its successful consumer website Covestor.com, where tens of thousands of professional and semi-professional investors share their real portfolios, as well as by direct application.
Gartner Research Director David Schehr said, "We are seeing a large amount of innovation in the financial services sector. The Internet is challenging the incumbents in many industries by changing the dynamics of access, and Investment Management is no different. An increasing number of people are questioning the value of traditional advisors, and trust in the big institutions is declining. As a result, we are seeing more investors looking at a range of ways to invest - at lower cost and with more transparency."
Unlike most traditional money managers, CVIM allows you to see clearly where your money is and how it is performing at any time. Using your online account, you can follow your positions, transactions and performance per model in your MMA. It charges a straight 0.5%-1.5% management fee depending on the models you are subscribed to, with no hidden entry fees, exit fees or load fees.
Blacher says, "We believe an MMA is investment management as people want it; open, honest, accessible and fair."
To open an account visit the CVIM website www.cv.im or contact CVIM client services directly at 646 808 0726.
About Covestor Investment Management
Covestor Investment Management (www.cv.im) is a subsidiary of Covestor Limited. Covestor Limited ("Covestor") is an SEC registered investment adviser. Information pertaining to the registration status of Covestor can be found at
www.adviserinfo.sec.gov, or may be received from Covestor upon request.
The CVIM platform combines proprietary technology with institutional grade order management and back office systems. You own the underlying securities which your broker holds in custody on your behalf.