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InTrust Advisors Changes Client Account Custodians to Interactive Brokers

InTrust Advisors announced it has changed client account custodians from Fidelity Investments to Interactive Brokers (“IB”).

 
PRLog - Nov. 14, 2012 - InTrust Advisors announced it has changed client account custodians from Fidelity Investments to Interactive Brokers (“IB”).

According to Jeff Diercks, the Company's Managing Director, "we are excited about the move to Interactive Brokers.  IB is one of the most widely used account custodians by institutions, hedge funds and active investment managers worldwide.  Its superior trade execution and low commission costs will allow us to work with an expanded number of clients while still delivering value to these smaller account holders.”

Mr. Diercks went on to say “as trend followers we felt that execution and trading costs were important to our strategies and to our clients.  Interactive Brokers was ranked #1 by Barron’s in its 2012 ranking of online brokers in terms of cost and as best for frequent traders.  We feel we can now worry more about being in the right position and less about the commission cost to our clients.”

Wayne Corbitt, the Company’s other Managing Director added “we figure that our average client will realize net incremental performance of .40% per annum just from the reduced trading costs without sacrificing any trade execution advantage.  For a client with a $100,000 account this could mean an additional $5,100 in investment value over a ten year period assuming just a 5% annual return on invested capital.”

Mr. Corbitt commented “the IB trading platform, group and model portfolio functions put us in a better position to manage our client’s account assets in this ever changing and volatile investment environment.  We now feel like we have total control over our client’s accounts no matter where we are or what the market might bring and at a cost our clients won’t lose sleep over.”

About InTrust Advisors:

InTrust Advisors provides financial planning and comprehensive wealth management services to affluent and high net worth individuals with a niche focus on retirement and specialized planning for Christians.  It is a specialist in investment strategies that attempt to adapt to differing market environments as well as more traditional investment strategies.

InTrust Advisors is located in Tampa. Florida.  The Company can be reached at 813.253.2388 or via the web at www.intrustadvisors.com.

About Interactive Brokers Group:

Interactive Brokers Group, Inc., together with its subsidiaries, is an automated global electronic broker that specializes in catering to financial professionals by offering state-of-the-art trading technology, superior execution capabilities, worldwide electronic access, and sophisticated risk management tools at exceptionally low costs. The brokerage trading platform utilizes the same innovative technology as the Company's market making business, which specializes in routing orders and executing and processing trades in securities, futures, foreign exchange instruments, bonds and funds on more than 90 electronic exchanges and trading venues around the world. As a market maker, IB provide liquidity at these marketplaces and, as a broker, it provides professional traders and investors with electronic access to stocks, options, futures, forex, bonds and mutual funds from a single IB Universal Account(SM). Employing proprietary software on a global communications network, Interactive Brokers is continuously integrating its software with a growing number of exchanges and trading venues into one automatically functioning, computerized platform that requires minimal human intervention.

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Contact Email:
***@intrustadvisors.com Email Verified
Source:InTrust Advisors
Phone:813-253-2388
Zip:33679-0618
City/Town:Tampa - Florida - United States
Industry:Investment management
Tags:Interactive Brokers, InTrust Advisors, Custodian Change, custodian investment
Shortcut:prlog.org/12023471
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