TD Ameritrade Institutional, a provider of brokerage and custody services, is offering environmental, social and governance (ESG) investing options on its Model Market Center platform.
Model Market Center platform will offer advisers access to investment models that meet their criteria for sustainable investing and their risk tolerance. The models will not charge any additional fee and have no investment minimum.
Apart from Model Market Center, advisers using TD Ameritrade Institutional’s Veo brokerage platform and ETF Market Center can also gain access to sustainable investment options.
In case of Veo, advisers can apply a screening tool to view 559 socially responsible mutual funds. Advisers using ETF Market Center can use screening tools to view 63 socially responsible ETFs.
TD Ameritrade Institutional director of product strategy and development Dani Fava said: “Socially responsible investing is increasingly important to some investors, so we want to equip advisers with tools that can help clients express their values through their portfolios. Building socially responsible strategies can be challenging, requiring time and expertise, so we’re working to make it easier for advisers to provide them.”