Transamerica Financial Advisors Launches New SMA ETF Program

Transamerica Financial Advisors, Inc. is using FOLIOfn Institutional to launch Transamerica I-Series, a separately managed account program that uses exchange-traded funds (ETFs).

The rollout, anticipated for late September, will initially consist of five ETF-based asset allocation portfolios developed for clients of Transamerica’s Investment Advisor Representatives. Eventually, the Transamerica I-Series offering will be expanded to include other ETF-based strategies such as core-satellite and target maturity portfolios, the firm announced in a press release.

“We created this program to satisfy the demand from advisors for a model-based ETF solution that was low-cost and provided broad diversification for their clients,” explained Sandy Brown, President of Transamerica Financial Advisors, in a press release; “The Transamerica I-Series strengthens Transamerica’s overall fee-based offerings and will attract new advisors to our Advisory programs.”