Online advisory firm Collins House Online Investments has launched a new general online advice investment services that provides access to professionally managed diversified portfolios with an initial deposit of as low as $5,000.
Dominic Alafaci, Collins House Online Managing Director said, the new service was for people seeking professionally managed diversified investment portfolios, which benefitted from lower costs delivered by the digital revolution.
“Unfortunately, the traditional personal financial advice relationship comes with a cost that may price it out of the market for many,” Alafaci said.
“The benefit of the New Collins House Online Investment Service is that the technology does much of the work, meaning we can professionally manage diversified investment portfolios at low cost.”
“Investors in the New Collins House Online Service obtain their own professionally managed diversified investment portfolio, together with regular updates and other meaningful content from the Collins House team, delivered to them via their Collins House Online app.”
Performance of Collins House Private Wealth Model Portfolios over one, three and five years to 31 July 2020
|
|
1y |
3y |
5y |
|
Model Portfolio #1 |
0.59% |
3.23% |
2.74% |
|
Model Portfolio #2 |
2.98% |
5.34% |
4.15% |
|
Model Portfolio #3 |
6.11% |
7.13% |
5.14% |
|
Model Portfolio #4 |
9.66% |
9.63% |
6.53% |
|
Model Portfolio #5 |
10.98% |
10.94% |
7.12% |
Collins House Online had partnered with OpenInvest to underpin the new online investment service.
