BOULDER, Colo., Nov. 4, 2020 /PRNewswire/ -- Magnifi, a TIFIN
Group company and the world's first natural-language powered
investment platform and Fi360, a Broadridge company specializing in
fiduciary education and technology, today announced the inclusion
of the Fi360 Fiduciary Score® in Magnifi's powerful
semantic searching and screening platform.
This integration gives advisors the ability to discover and use
investment products while staying within the guardrails of
fiduciary risk. Magnifi's Discovery, Selector and Enhancer
tools will now incorporate Fi360 scores to find and recommend
best-fit products, in compliance with Reg BI requirements, as part
of client and retirement plan management workflows.
"Magnifi's powerful tools are delivering new ways for advisors
and investors to leverage natural language and network effects to
identify the right funds for their portfolios. We're excited
that the Fi360 Fiduciary Score® is now available as a criterion,
playing an important role for those who want to include a fiduciary
lens within Magnifi's novel platform," said John Faustino, Head of Fi360.
"The addition of Broadridge Fi360 Solutions' fiduciary scores to
the Magnifi platform enhances its utility for Advisors and
self-directed investors alike. Advisors can easily discover and
recommend lower risk opportunities for clients and prospects with
the confidence of Fi360's fiduciary framework. Given the
continued volatility in markets and heightened investor interest in
supporting ESG themes, investors will appreciate Magnifi's elegance
in helping manage risk and intent," said Rick Hurwitz, CEO of Magnifi.
The firms will host a joint webinar to demonstrate advisor
workflows on Tuesday, November 10 at
2:00 p.m. ET. Registration is free
and open to all interested parties. Click here to
sign-up.
About Magnifi
Magnifi is a financial search platform
that is changing the way people shop for investments. The world's
first semantic search engine for finance, the platform helps
financial advisors, portfolio managers, and everyday investors
find, compare and act on investment options. In an era with
thousands of ETFs, mutual funds, stocks, and model portfolios to
choose from, Magnifi demystifies and simplifies investing,
providing insights and information that save time and help
investors make smarter decisions. Learn more at www.magnifi.com
About Fi360
Fi360, a Broadridge® Company,
is a fiduciary education, training and technology company that
helps financial intermediaries use prudent fiduciary practices to
profitably gather, grow and protect investors' assets. Since 1999,
the firm has provided financial professionals with the tools
necessary to act as a fiduciary in their work with investors.
Headquartered in Pittsburgh, PA,
Fi360 is the home of the Accredited Investment Fiduciary® (AIF®)
Designation, the Fiduciary Focus Toolkit™, CEFEX and the Fi360
Fiduciary Score®. Fi360 was acquired by Broadridge
Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and
part of the S&P 500® Index, in 2019. Learn more at
www.Fi360.com.
About the TIFIN Group
The TIFIN Group is a fintech
studio that starts and operates companies focused on shaping the
future of investor experience to create better outcomes for
investors. TIFIN companies combine the power of modern
technology, investment science and behavioral design to advance
themes of interest to investment managers, advisors and
investors.
For media inquiries, please contact:
Niharika Shah
Chief Marketing Officer
The TIFIN Group
niharika@tifin.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/magnifi-announces-inclusion-of-preeminent-fiduciary-scoring-data-from-broadridge--fi360-301166583.html
SOURCE Magnifi