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Amplify & Ned Davis Research launch managed portfolios
['Karen Joy Bacudo']
ChannelLife US
Amplify has partnered with Ned Davis Research to offer managed portfolios to financial advisers through its platform.
Under the arrangement, Ned Davis Research provides model portfolios based on its market research, while Amplify handles implementation across custodians.
Ned Davis Research has built its business around market and investment research used by institutional and advisory clients.
Disclosure accompanying the announcement said Ned Davis Research compensates Amplify based on a percentage of assets under management using Ned Davis Research model portfolios on the platform, in exchange for access, distribution support, and administrative services.
For Ned Davis Research, the partnership extends its presence beyond research delivery into model execution.