NSR Invest is a fully-managed account that invests in loans made by companies like LendingClub, Prosper, and FundingCircle. Investors give their money to NSR Invest, and it handles the money on their behalf. This allows investors to concentrate on investment strategy, rather than making emotional decisions.
In December, NSR Invest will integrate with the Orion Advisor Services platform. It also plans to expand its integrations to other portfolio accounting solutions. The goal of this integration is to allow advisors to use NSR Invest to manage their clients’ P2P investing, while still reporting it as an externally managed account.
There are a few things to know before signing up with NSR Invest. For starters, you should understand the fees. They charge a fee for holding idle cash and for investing in existing notes. If you have $100,000 in uninvested cash and $50,000 in notes, you should expect to pay a fee of 1% of the total amount.
NSR Invest’s fees are lower than third-party managers. They also offer more investment options and diversification. The company also offers independent RIAs access to a new class of fixed income investments. However, if you’re looking for a high yield, NSR may not be right for you.