QuietGrowth reveals new SOA feature
Robo-adviser QuietGrowth has unveiled a new feature allowing clients to modify their personal circumstances, receive a new statement of advice (SOA) and change their portfolio's risk tolerance at no extra charge.
Clients will be able to update the risk tolerance of multiple risk portfolios once per month, the statement said.
QuietGrowth chief executive Dilip Sankarreddy said the new feature will allow clients to receive an online updated SOA for free.
"It will be simpler and more cost-effective for the client to regularly update their personal circumstances and adopt an investment program that is in line with their evolving financial situation and goals," he said.