The New York FinTech and data science organization, AllocateRite, is eager to announce that its proprietary portfolio management and asset allocation strategies are currently accessible to iOS and Android mobile devices through their mobile applications.
AI-powered strategies of AllocateRite use sophisticated portfolio construction and risk management techniques to offer superior risk-adjusted returns over time.
Moreover, their strategies are highly diversified and liquid, using benchmark ETFs that represent the most liquid sectors of the stock market. Till now, these strategies were previously available only to institutional clients.
Utilizing the mobile app of AllocateRite, clients can easily link their brokerage account to use one of the strategies of AllocateRite. Also, they have the flexibility to allocate either a partial amount or the entire amount of their account to the strategies while maintaining full custody and control of their account at their brokerage firm.
AllocateRite strategies are suitable for retirement accounts, as they are concentrated more on capital appreciation, capital preservation, and income, empowering their clients to reduce their management fees by having cash flow out of expensive mutual funds into low-cost ETFs.
AllocateRite’s strategies are automatically rebalanced on a monthly basis to maintain an optimal risk/reward ratio. Moreover, they are GIPS-verified and have a confirmed reputation of success stretching back four years.