US - based Oranj has launched a software platform for financial advisers aiming to provide additional technology and access to products while not increasing fees which can be passed on to clients . The platform , called MAX , will provide aggregation and rebalancing tools alongside model portfolio ##s . Firms such as BlackRock , Oracle and Morningstar , among others , will have model portfolios hosted by the platform . The firm says the direct access to these asset classes will serve to cut down some layers of fees investors may encounter .
US-based Oranj has launched a software platform for financial advisers aiming to provide additional technology and access to products while not increasing fees which could be passed on to clients. The platform, called MAX, will provide aggregation and rebalancing tools alongside model portfolio options. Firms such as BlackRock, Direxion and Morningstar, among others, will have model portfolios hosted by the platform. The firm says the direct access to these asset managers will serve to cut down some layers of fees investors may encounter.