Motif Users Can Play Portfolio Manager and Earn Royalties

Post on October 11, 2013

Investment_News

Motif and its senior competitor, broker-dealer FOLIOfn Investments Inc., have breathed new life into an old trend: the brokerage that uses the Internet and heavy discounts to carve away at a business used to charging higher commissions, according to Grant Easterbrook, senior research associate at consulting firm Corporate Insight.

It remains to be seen whether advisers and their clients will take to the Motif as a replacement for professionally managed and often highly diversified investments like mutual funds or plain old stocks, but the firm already counts advisers among its fans.

 

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