LendingRobot For Financial Advisors in Collaboration with Millennium Trust, Now Live
Today we introduced a new product which connects to Lending Club, called LendingRobot For Advisors. Financial Advisors are now able to manage all of their client accounts through one LendingRobot dashboard while leveraging LendingRobot’s machine-learned algorithm for investing and automated portfolio management. This results from collaboration between LendingRobot and Millennium Trust, a leader in custodial services for Marketplace Lending.
LendingRobot For Advisors provides the ability for advisors to diversify their clients investments. Advisors who sign up will create a main parent account, and then link the accounts of their clients under client supervision. Advisors are then able to create unique risk and investment profiles for each client, which are then managed by LendingRobot algorithms according to each preference. All results, monitoring and reporting is available for any individual client, or as a unified dashboard across all client accounts. Client assets remain secure in Millennium Trust’s custody.
The family office or financial advisory firm can easily set up Lending Club investment accounts on behalf of their clients, facilitated by LendingRobot. Clients may get started with as little as $25.
Advisors interested in this new product are able to sign up and begin connecting client accounts at https://www.lendingrobot.com/advisors
The LendingRobot’s mobile application is also fully compatible with this new product and allows financial advisors to keep an eye on their client’s portfolio from their mobile device.
- Vanessa Hoying
- October 13, 2016
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