New York (PRWEB) March 05, 2012
Covestor, an investment management company that enables individuals to view and replicate the transactions of experienced investors online, announced today they have joined SlashDeclare. This consortium advocates for a transparent financial system and promotes customer rights.
“SlashDeclare is a natural partner as Covestor strongly believes in making investing more transparent,” said Covestor CEO Asheesh Advani. “Covestor empowers individual investors by letting them see what experienced investors are buying and selling in their own portfolios and enabling them to copy seasoned investors’ strategies.”
In a related move to empower individual investors, Covestor is hosting Next Invest, a virtual conference accessible worldwide. During the online conference, attendees can connect with professional investors; learn how they’re positioning their portfolios; and obtain actionable ideas from the convenience of their computers and mobile devices. People can register for the free event at Next Invest. More information on SlashDeclare will be available at the conference on March 20 and 21.
Covestor is a pioneer in bringing clarity and convenience to online money management. The platform features transparent fee structures, comparison shopping and accessible model performance data. Investors can compare and select from an open marketplace of money management talent and nearly 200 investment models.
SlashDeclare is a collaborative movement led by financial services companies calling for a more fair and transparent system. Other SlashDeclare members include:
- PerkStreet Financial
Covestor brings the clarity and efficiency of an online marketplace to the world of money management. Investors can compare and select from a transparent marketplace of money management talent that includes renowned portfolio managers and successful investors. Covestor’s Portfolio Sync technology automatically replicates trades, providing clients the convenience of “set and forget” functionality and the protection of Covestor’s proprietary trade filtering.
Covestor is widely regarded as a pioneer in bringing separately managed accounts (SMAs) online in a transparent marketplace. Founded in 2006, the company has offices in New York City and London and is funded by leading VC firms including Union Square Ventures, Spark Capital and Amadeus Capital Partners.
Covestor is an investment adviser registered with the US Securities and Exchange Commission under the Investment Advisers Act of 1940. Additional information can be accessed directly from our Form ADV document, available at http://www.covestor.com.
It should not be assumed that any information discussed herein will prove to be profitable or that decisions in the future will be profitable or provide similar results. While Covestor does provide limited investment advice to its clients, the content herein is provided as general and impersonalized investment information and is not a recommendation or solicitation to buy or sell any security or subscribe to any particular investment model. Please take appropriate professional advice in any investment decisions.
For additional information contact: Kalen Holliday, Covestor Communications Director
866-825-3005 x4 or kalen(at)covestor(dot)com