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Advisors Preferred Announces AUM Reaches $3 Billion
Firm s assets triple in the last twelve months
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ROCKVILLE, Md., June 9, 2021 /PRNewswire/ Advisors Preferred, an infrastructure provider for investment advisory firms wishing to create and distribute mutual funds, announced that its assets under management reached $3 billion as of June 1, 2021. The firm s assets have more than tripled in the past twelve months, rising from $890 million on May 31, 2020, according to Advisors Preferred President Catherine Ayers-Rigsby. We can attribute our record growth to the quality of our sub-advisors management of the funds, as well as the strength of our collaboration with the investment managers, including supporting a variety of distribution models, Ayers-Rigsby said. Six of eight Advisors Preferred funds eligible for a Morningstar rating carry Morningstar s top 5-Star Rating, she said.
Advisors Preferred Reports Record Growth With Five New Mutual Funds, Addition Of New Subadvisor
Infrastructure provider works with advisors to create, distribute mutual funds AUM increases 294% to $2.9 billion
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ROCKVILLE, Md., May 25, 2021 /PRNewswire/ Advisors Preferred, an infrastructure provider for investment advisory firms looking to create and distribute mutual funds, announced record growth with the addition of five new funds and a new subadvisor, Beaumont Capital Management (BCM). The firm s assets under management total approximately $2.9 billion, an increase of over $2 billion or 294% year over year. Our robust growth and success have been reinforced by the confidence shown by our subadvisors in partnering and growing with us. For investment advisors, mutual funds constitute significant undertakings in terms of time, structure, costs, marketing, distribution and platform access, as well as regulatory requir
Advisors Preferred Reports Record Growth With Five New Mutual Funds, Addition Of New Subadvisor prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Spectrum Financial Launches New Mutual Fund
Funds family expands with the Spectrum Unconstrained Fund
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VIRGINIA BEACH, Va., April 21, 2021 /PRNewswire/ Spectrum Financial, a leading provider of risk-managed investment solutions, announced that it has launched a new mutual fund, the Spectrum Unconstrained Fund (SUNBX). The Spectrum family of funds offers strategies that seek to mitigate risk while capturing steady returns. We have introduced our new Unconstrained Fund to expand the breadth of our product offerings for actively-managed solutions designed to navigate the increasing uncertainty of the market. We are pleased with the way our tactical allocation strategies and mix of technical and fundamental analysis can perform in rapidly-changing markets, said Ralph Doudera, lead portfolio manager.