“ETFs are the most important financial innovation of the last 100 years and will eventually replace mutual funds as the investment of choice in the portfolios of millions of investors."
Leawood, KS (PRWEB) April 29, 2014
ETF Portfolio Partners, Inc., one of the nation’s first investment advisers to focus exclusively on offering managed portfolios comprised entirely of exchange-traded funds (ETFs) is celebrating their tenth year of serving investors. Founded in April 2004 by Richard D. Romey, ETF Portfolio Partners serves individual and institutional investors by designing, implementing and maintaining a series of globally diversified investment portfolios utilizing the 21st century’s most revolutionary and transformative investment vehicles, ETFs.
“ETFs are the most important financial innovation of the last 100 years and will eventually replace mutual funds as the investment of choice in the portfolios of millions of investors,” according to Mr. Romey author of Strategic Index Investing - Unlocking the Power of Exchange Traded Funds. As an early advocate of ETFs, Richard has been a leading voice in the growth and development of the ETF-based investment management industry.
First introduced in 1993, ETFs combine the most attractive features of index mutual funds and common stocks. Portfolios comprised of ETFs have the tax efficiency, low cost and diversification benefits of index mutual funds as well as the liquidity, flexibility, and intra-day trading of common stocks. "Today, ETFs are widely acknowledged as a superior way to build portfolios by most industry observers, however, when I founded ETF Portfolio Partners the use of exchange-traded funds was limited and still in its early stages," according to Mr. Romey. "As investors learn the many benefits ETFs offer, their popularity will continue to grow."
Presently, there are over 1,400 ETFs available tracking every segment of the investment markets, with total assets exceeding $1.7 trillion. “ETFs have revolutionized and transformed the investment industry. I am convinced that ETFs will continue to play an important role for investors,” said Mr. Romey.
ETF Portfolio Partners, Inc., headquartered in Leawood, Kansas is a fee-based registered investment advisor with $110 million in assets under management (AUM). They manage nine risk-adjusted, globally diversified investment portfolios comprised entirely of ETFs. The firm offers individual and institutional investors a powerful alternative to mutual fund based-portfolios and packaged financial products. ETF Portfolio Partners mission is to provide a structured, disciplined approach to investment management that combines proven strategies, a responsible fee structure, transparency and communication with the many advantages offered by exchange-traded funds.
More information on ETF Portfolio Partners is available at http://www.etfportfoliopartners.com.