January 6, 2019
As we noted previously, the models we built on RIA PRO were replicas of the models we run internally at RIA Advisors for our clients. However, the models were NOT total return as they did not include the dividends, interest, and distributions from the underlying holdings.
Therefore, as we have been noting over the last couple of months, we have launched THREE new LIVE portfolios with each tracking a LIVE account we manage at TD Ameritrade.
The 3-models are:
- 60/40 Equity Portfolio
- 60/40 ETF Portfolio
- Trading Portfolio
Equity Portfolio – Start Date 1/4/2019
The portfolio was bought into the same holdings which are currently owned by our equity only clients. These holdings will be managed according to the same technical and fundamental processes that we employ at RIA Advisors.
We are using ETF’s and Mutual Funds for the fixed income portion of the model.
Trades will be reported AFTER the close of business when they are made.
ETF Portfolio – Start Date 1/4/2019
This portfolio is comprised of all ETF’s and trades will be reported AFTER the close of business when they are made.
We have currently bought 1/4th of our CORE Equity and BOND sleeve so far. We will continue to build out the model opportunistically until we get to full weightings.
Trading Portfolio – Start Date 1/4/2019
This portfolio is completely flexible and will take on trades which are both long or short. The portfolio can buy stocks, ETF’s, or mutual funds OR can be fully invested in cash.
There is no defined holding period for any position bought which means it can be open and closed within the same trading day.
When trades are placed in the trading account we will report those trades after the close of business.
At the end of each month all dividends, interest, and distributions will be added to the CASH balance of the portfolio as they are reported on the account statements.
Furthermore, in the next couple of months we will add performance tracking of the portfolio over different time frames for comparison purposes.
Thank you for your patience.