Has there been a change to the way ROAR Flex works? I do not see the $100k minimum and that "when a model signal is generated, you receive a real-time notification to execute the market order on your own"
Hi, Jim. Thanks for asking. The bottom line: this is additive, not replacing anything that currently exists. What I provide as an investor/researcher/publisher is in part a distribution process, trying to connect the people who want my models to where they can get it as easily and reliably as possible.
When we first posed the idea of what is now ROAR Flex, we received feedback in 2 forms. Some wanted to offload the trading and model oversight to an RIA firm, so PiTrade.com decided to offer it on their platform.
Others wanted to access the model signals directly, and determine from there what to do with that information each time. Or, they might have a longstanding relationship with an asset custodian that is not available through the PiTrade/ROAR Flex service. For that latter group, we are arranging to deliver ROAR Flex in a non-RIA form, where a flat annual fee would be charged. That also allows ROAR Flex to be accessed through multiple online investing platforms.
Has there been a change to the way ROAR Flex works? I do not see the $100k minimum and that "when a model signal is generated, you receive a real-time notification to execute the market order on your own"
Hi, Jim. Thanks for asking. The bottom line: this is additive, not replacing anything that currently exists. What I provide as an investor/researcher/publisher is in part a distribution process, trying to connect the people who want my models to where they can get it as easily and reliably as possible.
When we first posed the idea of what is now ROAR Flex, we received feedback in 2 forms. Some wanted to offload the trading and model oversight to an RIA firm, so PiTrade.com decided to offer it on their platform.
Others wanted to access the model signals directly, and determine from there what to do with that information each time. Or, they might have a longstanding relationship with an asset custodian that is not available through the PiTrade/ROAR Flex service. For that latter group, we are arranging to deliver ROAR Flex in a non-RIA form, where a flat annual fee would be charged. That also allows ROAR Flex to be accessed through multiple online investing platforms.
I hope that helps explain today's post.
I'm going to send an email to you as a follow up.