Online asset management company Covestor has added alternative asset managers to its website.

Through Covestor's platform, investors are given choice, transparency and liquidity while portfolio managers relinquish the burden of reporting, compliance, accounting and client relations to Covestor.

Founded in 2006 and with offices in New York, London, the online marketplace allows investors to compare money management talent, including top performing portfolio managers and successful investors where they can replicate trading strategies of more than 100 advisors using the platform.

"We are looking for the best emerging managers to join Covestor and help us create a world class platform," Covestor's Chief Operating Officer Tom Dorsky said.

Portfolio managers interested in joining Covestor are required to have extensive capital management experience.

Kylie Hennagin writes for Financial Planning.