EMA Launches 403(b) Program Offering ETF Managed Accounts

Efficient Market Advisors, LLC (EMA), an exchange-traded fund (ETF) separate account manager, announced the launch of what it says is the first 403(b) program offering professionally managed portfolios of ETFs.

According to a press release, key features of the Efficient 403b include:

  • no individual transaction charges
  • low-cost ETFs and low asset-based management fees
  • online performance and asset allocation reporting
  • target-date portfolios.

EMA formed an alliance with FOLIOfn Institutional to provide trading, clearing, and custody for the Efficient 403b.

More information is available at www.efficient403b.com.