American Funds Conversion Resources

Since 1998, CLS has been building diversified portfolios utilizing American Funds. Renowned for their manager’s stock-picking expertise, American Funds are an ideal complement to CLS’s Risk Budgeting Methodology. Using American Funds within portfolios allows the CLS Portfolio Management Team to take advantage of opportunities within the global market, while keeping portfolio risk constant.

Through the years, the financial industry has seen many changes. As technology has evolved, we’ve become more connected than ever, with markets operating around the clock. As the industry has changed, regulations have also evolved. As many advisors are becoming aware of the DOL’s fiduciary rule and its implications, several have started to make the switch from commissions to fees. Many advisors enjoy working with a fee-based model because of the simplified structure and the cost transparency provided to clients.

For over 30 years, CLS has partnered with advisors to offer their clients professional money management under a fee-based model. In addition to offering professional money management, CLS helps advisors by becoming an extension of their back office. Each advisor who works with CLS is assigned a dedicated group of individuals – including a Vice President of Regional Sales, an Inside Wholesaler, a Relationship Representative, and a New Business Specialist – who collectively assist the advisor. Each of these individuals are here to assist advisors with the American Funds conversion process. Below advisors can find several resources to help them get started in transitioning American Funds assets.