Motif Investing, the Silicon Valley-based online brokerage firm that pioneered ideas-based investing, launched a new class of products that will allow RIAs to construct their own collection of stocks or ETFs online, and receive a royalty whenever people buy them, according to a statement.
Expanding on their concept of a motif, a basket of securities with a common theme, the company is allowing financial advisors to monetize on the platform, while offering low-fee investing options to their clients.
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