The latest offering is designed to grant simple global market access, leveraging the distinctive structure of managed accounts. Bryce Quirk, who leads CFS’s distribution segment, highlights, “These new options give advisers and their clients easy direct access to global markets while benefiting from the efficiency of a managed account structure.” The strategic inclusion of international networks enhances investment strategies available through the platform.
Frances Taylor, the executive director in charge of managed accounts at CFS, shared her enthusiasm about simplifying global equity trading complexities through these new additions. Taylor emphasized the adaptability and intelligence woven into the platform’s framework, specifically mentioning how these enhancements can streamline the advising process.
In a noteworthy development, facilitators can now conduct transactions in up to twelve different currencies, featuring cutting-edge technology named as the “currency wallet.” Such innovation facilitates seamless international investment operations, expanding investor reach and optimizing financial maneuverability.
Another significant update is the extension of the Accelerate Series within the Edge infrastructure. This integration welcomes esteemed portfolio managers like AZ Sestante, InvestSense, and Mercer, marking the advent of 21 fresh managed accounts. The Accelerate Series is ideal for those seeking a wholesome managed account solution by combining cost-efficient strategies with meticulous investment choices encapsulated in one convenient account.
The enhancements reinforce CFS Edge as a cornerstone for managed accounts, resonating with Bryce Quirk’s belief that “CFS Edge was designed with managed accounts at its core.” These expansions propel CFS Edge to a new echelon, providing access to over 150 managed accounts with approximately $14 billion invested under CFS’s stewardship in the Edge and FirstChoice offerings.
This news, initially reported by Patrick Buncsi for CFS’s announcement on November 14, 2024, indicates a compelling growth trajectory and innovation within CFS’s investment platform endeavors.
