Transamerica Financial Advisors has announced the selection of Foliofn Institutional to launch its new Transamerica I-Serie, a separately managed account programme using ETFs.
Transamerica Financial Advisors has announced the selection of Foliofn Institutional to launch its new Transamerica I-Serie, a separately managed account programme using ETFs. The rollout will initially consist of five ETF-based asset allocation portfolios developed for clients of Transamerica’s investment advisor representatives.
‘We created this program to satisfy the demand from advisors for a model-based ETF solution that was low-cost and provided broad diversification for their clients,’ says Sandy Brown, president of Transamerica Financial Advisors.
Eventually, the Transamerica I-Series product offering will be expanded to include other ETF-based strategies such as core-satellite and target maturity portfolios. ‘Foliofn Institutional’s innovative technology platform should enjoy a successful launch,’ Brown says. ‘The I-Series strengthens Transamerica’s overall fee-based offerings and will attract new advisers to our advisory programmes.’
Greg Vigrass, president of Foliofn Institutional, says: ‘We are excited about the opportunity to align our firm with a market leader like Transamerica Financial Advisors on this important initiative. We see this roll-out as significant and feel the opportunity exists to jointly deliver some innovative and unique programmes.’
Transamerica Financial Advisors is an SEC registered broker/dealer and investment advisor, and a member of the Aegon group, an international life insurance and pension company and provider of investment products. Based in The Hague, Aegon companies employ approximately 27,000 people in markets including the US, the Netherlands and the UK.
Foliofn delivers investment solutions to financial professionals and institutions through Foliofn Institutional, a division of Foliofn Investments headquartered in Vienna, Virginia. The Folio trading platform is a web-based system that enables users to customise portfolios of securities that they can buy or sell in a single transaction.