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Advisory Services |
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| Need help choosing an investment that is right for you? Since you may not have the time or the background to be your own financial expert, we've engaged professional Money Managers to assist in designing the programs made available to you. With their guidance, we have designed an online Assessment Wizard that will help to determine your investment goals and profile, and that will generate investment recommendations tailored to meet your specific needs. To get started, just follow this simple five-step process: |
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- Answer a few questions in the Assessment Wizard to determine your investor profile and goals.
- Review the resulting recommendations related to Account Type and Investments.
- Establish your account, open an investment, and begin investing!
- Use our Automatic Trades capability to contribute towards your goals on a regular basis.
- Feel secure in the knowledge that SaveDaily is actively managing your account
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You will benefit from personalized investment services, tailored specifically to your financial goals. We will actively manage your mutual fund investments, pursuing a sound investment strategy designed to maximize returns while managing risk. By leveraging the efficiencies of technology, we are pleased to bring you world class investing expertise on an individualized and affordable basis. The following Money Managers are being utilized for the programs currently available to you:
Manager: SaveDaily
Manager: SaveDaily
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Frequently Asked Questions |
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| To help you understand more about the Advisors being leveraged to create the investing programs available to you and our advisory services in general, we have prepared the following Frequently Asked Questions for your review: |
Q. Who is SaveDaily?
Q. Who is SaveDaily?
Q. What are Managed Advisory Allocations?
Q. What is Asset Allocation?
Q. What is the Assessment Wizard?
Q. What kind of recommendations are provided?
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| What are Managed Advisory Allocations? |
| Managed Advisory Allocations are allocations of mutual funds, specially selected and managed by professional investment Money Managers, according to a specific investment strategy. These allocations leverage the fundamental benefits of Asset Allocation, the process of diversifying your portfolio among several investment classes: for example, 50% stock, 30% bonds, 20% cash assets. |
| Composed of multiple funds and tailored to your goals. |
| Although a given Managed Advisory Allocation is usually composed of multiple individual mutual funds, we present them to you as a single goal-oriented investment strategy, greatly simplifying the investment process. Money Managers have been employeed to assist us in creating a selection of these Managed Advisory Allocations, designed to accommodate the continuum of typical investor profiles and goals. |
| An Example of a Managed Advisory Allocation |
| Below is an example of a Managed Advisory Allocation which you might receive as a recommendation after using our Assessment Wizard: |
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| As indicated in the figures above, your investment in a Managed Advisory Allocation is automatically distributed according to the allocation appropriate to your goals and profile. |
| When you buy or sell shares in a Managed Advisory Allocation, our Asset Allocation Engine automatically ensures that all purchases and all redemptions occur across the percentages inherent in your allocation. |
| Actively Managed |
| We will manage your investment and our system will automatically Rebalance and Reallocate your investment on your behalf as necessary. Once you establish your investment in a Managed Advisory Allocation, you will have to do very little - having your investment actively managed makes investing simple for you. As a complement to the automated account management features, our system allows the Money Manager the ability to make manual changes to the allocation on your behalf at his/her discretion. Since your investment will be continually adjusted over time, you can simply invest in a single Managed Advisory Allocation until you reach your goal. |
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| What is Asset Allocation? |
| Asset Allocation is an investment strategy designed to determine what percentage of your investment portfolio should go into stocks, bonds, or other asset classes. The process involves the selection of a mix of asset classes and the efficient allocation of investment dollars to those assets. It also involves the adjusting of your holdings on a regular basis to maintain the percentage allocated to each class. Key factors in the allocation process are expected rates of return, risk tolerance, and investment time horizon - our Assessment Wizard is designed to evaluate how these factors relate to your individual investment needs. Studies have supported the concept that asset allocation is the primary determinant of portfolio performance, with market timing and security selection playing minor roles. Based on the principle "Don't put all your eggs in one basket", another goal of asset allocation is diversification: a well balanced portfolio should contain some assets which go up in value as the value of other assets declines, and vice versa. For example, bonds and stocks tend to rise or fall in value at different times and for different reasons. A downturn in the economy can depress stock earnings and may cause a decline in interest rates, which raises the value of bonds. As mentioned above, the Managed Advisory Allocations leverage Asset Allocation to ensure your investments are aligned with your specific goals and to diversify against risk. |
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| What is the Assessment Wizard? |
| The decision to invest in a particular mutual fund or particular allocation depends on a number of factors, including your investment time horizon, goal, and risk tolerance level. To assist you in making an investment choice, we provide an "Assessment Wizard" which was developed based on the guidance from our advisory partners. The Assessment Wizard is an online tool which recommends the appropriate account type and investment choice for you based on the answers you provide to a series of investment related questions. Each time you establish an investment towards a new goal, you will have the opportunity to use the Assessment Wizard to generate a tailored recommendation. |
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| What kind of recommendations are provided? |
| The recommendations section provides you with a summary of recommendations for each of your investing goals. These recommendations are generated by the Assessment Wizard when you initially establish a new investment, as explained above. Included in your recommendations are your Investor Profile, a recommended Account Type (individual, joint, or custodial), and a recommended asset allocation manifested in one of the Managed Advisory Allocations. In addition to a summary of your investment goals, you can view a breakdown of the individual mutual funds contained within the recommended Managed Advisory Allocation, and the percentages to be allocated to each mutual fund. Note that in addition to providing you with tailored recommendations, we will also monitor your account on an ongoing basis, making modifications to your allocations as appropriate. |
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