National Christian Financial Advisors Relaunches Their Automated Platform, Cyborg-Advisors

Latest Current Topics

Lifestyle / Latest Current Topics 26 Views comments

National Christian Financial Advisors, Inc. (NCFA), is relaunching its digital advice product, Cyborg-Advisors, by partnering and using Betterment for Advisors. NCFA is a leading minority-owned independent registered investment advisory firm (RIA) specializing in helping employees personalize and manage their employer-sponsored retirement plan assets. Betterment has over 730,000 plus customers and managers $33B in client assets and is the pioneer of the Robo advisory model. NCFA initially launched on Jan. 17, 2017, using their developers’ in-house technology. “NCFA designed Cyborg-Advisors to Democratize Wall Street,” said Hakeem J. Webb, Founder and CEO at National Christian Financial Advisors, Inc., intending to level the playing field for minorities, unbanked people, and micro-to-midsize businesses. “After a short delay, we can now deliver access to seasoned wealth advisers, financial planners, institutional portfolio managers, institutional research, financial literacy, and planning tools typically available to individual investors with $500,000 or more, institutions, and hedge funds. The playing field is now leveled!” From a technology standpoint, Cyborg-Advisors now have best-in-class technology to help us make people’s lives better through automated wealth management, including opening accounts, transferring money from other custodians, depositing money, and linking bank accounts. The portfolios and operations are automated, but you have access to an entire...