New Partnership Offers ETF Managed Account Portfolios

New Frontier, a Boston-based research and investment advisory firm, partnered with FundQuest to offer exchange-traded fund (ETF) managed account portfolios to financial advisers.

According to a news release, the new Web-based platform, New Frontier Global Strategic Model Portfolios, will be initially available to more than 35 registered investment adviser (RIA) firms who custody at Pershing.

The announcement said the clients will benefit from tools and services for client profiling, portfolio recommendations, portfolio construction, and flexible reporting options including both online snapshots and quarterly performance reporting.

New Frontier oversees over $1 billion in global ETF asset allocation portfolios.

“We have seen tremendous growth in the demand for our ETF asset allocation strategies over the last several years,” said Richard O. Michaud, president and CIO at New Frontier, in the news release. “By teaming with FundQuest, we are able to give advisers a turnkey package that combines access to our leading edge investment products with the advanced capabilities of one of the industry’s leading advisory platforms.”