Cambria Investment Management Launches Cambria Digital Advisor
People-powered offering with no management fees combines passive and active strategies, provides investors with customized portfolio of globally-diversified ETFs
LOS ANGELES, Aug. 29, 2016 /PRNewswire/ -- Cambria Investment Management, LP, today launched Cambria Digital Advisor, a people-powered solution with no management fees. The platform is designed to help individual investors reach their investment goals through a customized portfolio of low-cost, globally-diversified ETFs managed by a team of investment professionals.
Cambria Digital Advisor's client portfolios are powered by a research-driven investment framework called the "Trinity Portfolio," designed by Cambria Chief Investment Officer Meb Faber. The Trinity Portfolio features a unique three-pronged approach of globally diversified assets, value and momentum tilts and an active trend following component – all of which can be customized to fit a client's personal goals and risk tolerance. The framework is outlined in-depth in a white paper available here.
"Unlike passive investment strategies, Cambria Digital Advisor uses both buy-and-hold and active trend following strategies to adapt to the changing market environment and potentially generate real, wealth-building investment returns while also reducing downside risk," said Faber.
The portfolio comes with no management, commission or rebalancing fees. Clients are only charged a small technology platform fee, 0.15%, as a result of Cambria's partnership with industry-leading technology partner Betterment Institutional. Clients are also charged the underlying fund cost, which varies per ETF. All Cambria Digital Advisor accounts are integrated with Betterment's platform resulting in a simple and intuitive client experience. Clients will also have access to automatic rebalancing, efficient tax harvesting and seamless account aggregation.
Cambria Digital Advisor offers an unparalleled high-touch, human component that extends beyond traditional portfolio management. In addition to managing client portfolios, Cambria's team of investment experts is available to answer questions, discuss holdings and help track progress any time.
Cambria's Chief Executive Officer Eric Richardson added "We're excited to combine the simplicity of a buy-and-hold portfolio with the benefits that have traditionally come from more costly actively managed strategies. Cambria Digital Advisor is uniquely positioned to serve the needs of investors who are looking to incorporate active strategies while avoiding the fees that come with many offerings."
ABOUT CAMBRIA INVESTMENT MANAGEMENT, LP
©2016 Cambria Investment Management, LP is a Registered Investment Advisor. The information contained herein is not intended to be investment advice. Investment advice can be provided only after the delivery of Cambria's brochure and brochure supplement (Form ADV Parts 2A and 2B) once a properly executed investment advisory agreement has been entered into by the client and Cambria. A copy of our current written disclosure statement discussing our advisory services and fees is available for review upon request.
This information reflects the opinion of Cambria on the date written and is subject to change at any time without notice. Due to various factors, including changing market conditions, the content may no longer reflect our current opinions or positions. All investments are subject to risks. Past performance is not an indicator of future results. It should not be assumed that any of the investment recommendations or decisions we make in the future will be profitable. Asset allocation cannot assure a profit or protect against a loss.
Cambria Investment Management, LP, based in Los Angeles, California, employs a disciplined multi-asset, global quantitative research process. Cambria provides investment management services to high net worth individuals and institutions through separately managed accounts, private funds, and public exchange-traded funds. Global diversification through asset allocation, coupled with prudent risk management, is the foundation of Cambria's investment philosophy. www.cambriainvestments.com and www.cambriafunds.com.
CONTACT: Shaina Lamb, 646-808-3731, [email protected]
SOURCE Cambria Investment Management, LP
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