Riverside IP knows that much of our success is due to our unique and highly technologically advanced custodian, Folio Institutional (Folio).
Folio has pioneered a process for enabling advisors to trade complete investment models rather than individual securities such as is done at other custodians. This process of trading “models” allows Riverside to easily construct several different investment “Portfolios”; each with a different Risk parameter and therefore, a different Return objective.
Riverside also has the ability to modify any of the models on Folio’s platform. We may add or remove a security or adjust weightings so as to create the exact parameters that we are seeking from a given model. Furthermore, within an investment Portfolio, Riverside may revise the “allocation” to the models contained in the portfolio and we may also add or remove a model(s) from the portfolio.
The Bottom line is this: although we are trading models, we retain the ability to actively monitor, adjust or revise the overall portfolio at any time. Most importantly, due to Folio’s business plan, clients never pay a commission for any of the “window” or portfolio-adjustment trades. Instead, clients pay Folio a very small fee (1/4 of 1% of account balance per year) for unlimited window trading.