Online Innovation Provides New Options for Investors and Traders

Optivest, Incorporated has launched a new online service and support division that allows trading and investment groups to pool funds together to participate in the financial markets in innovative ways. Optivest's patented system makes it convenient for all types of investors to create or join investment clubs, micro hedge funds and trading partnerships.

SALT LAKE CITY, UT (PRWEB) November 7, 2003-- After 3 years of development and testing, Optivest, Incorporated has launched its online service and support division for investment clubs, micro hedge funds, trading partnerships and other trading and investment groups that pool funds together to participate in the financial markets. This service is available online at http://www.optivest-inc.com.

Optivest opens up new opportunities for non-institutional investors and traders that were not previously available. Individuals interested in actively trading the markets can open an account with as little as $2,000. Longer-term investors can open an account with just $500. Optivests technology allows investors to actively trade on margin without requiring the normal $25,000 balance. Optivests pooling features result in the lowest commission costs available to this industry segment. Members are even able to totally eliminate certain fees associated with active trading and investing.

Groups that use Optivest for their management needs can have an investment account, a trading account or both. Optivest clubs and funds range from those that focus on ultraconservative retirement management to those that are involved in extremely aggressive speculation. Each account can use an unlimited number of trading strategies and investment models. Each of these strategies and models are statistically tracked by Optivests software so members can monitor their individual performance. Through Optivests online search engine, individuals can select clubs or funds based upon their personal investment style. No other company provides any such searching capabilities due to the potential liability of referring a club that is susceptible to fraud or mismanagement. Optivest provides a higher level of security by electronically tracking all deposits and withdrawals directly through the clearinghouse. Optivest also maintains a fidelity bond in excess of its total deposits up to $10,000,000.

Optivest has partnered with vendors who provide related services to Optivest members including systems testing, quantitative modeling, fundamental research, technical analysis and tax preparation at discounted rates.

We know of no other organization that offers the cost savings, flexibility, security and full menu of services that is provided through Optivest," said Optivest president, Rico Molina, Optivest is the only organization that makes it possible for amateurs as well as licensed professionals to actively manage pooled accounts while being in total compliance with all SEC regulations and were able to do it at a fraction of the normal costs."

Optivests patented Multi-Portfolio Pooled Accounting and Administrative Software simplifies the process of starting and managing a club or fund. After the administrator answers a brief questionnaire, Optivests software generates the bylaws, operating agreement and articles of organization. It then registers the club or fund as an LLC and generates a Federal Tax ID number. Optivest provides this service at no charge to its administrators -- saving them $400 to $800 in attorneys fees for setting up an LLC. With Optivests system, a new club or fund can be organized in as little as 15 minutes.

In addition to the traditional investment club and hedge fund models, Optivest supports two other types of groups where members maintain control of their money by opting-in or opting-out of the individual trades proposed by the administrator. New and struggling investors can learn from successful investors in the group. Some groups provide training through Optivests online conference rooms and forums. As members grow more confident in their trading, they have the option of starting their own group. Administrators are able to provide their members with 24/7 access to reports, schedules, statistics, histories, deposits, withdrawals, etc. Administrators do not need to hire any staff and they can manage every aspect of their club/fund in less than 10 minutes per trading day.

Due to the significant cost savings passed onto these pooled accounts, club and fund administrators are able to charge a variety of fees while still saving their members money. Administrators are able to charge fixed monthly service fees and training fees. With proper licensing, administrators can charge commissions, loads and profit-sharing fees as well. Administrators are also able to trade their personal accounts for free. Optivest is a business opportunity with a seven-figure earning potential for those interested in money management.