One of the big three RIA custodians is looking for asset managers to add to its new platform for model portfolios. The MFWire brokethe news back in February 2017 that TD Ameritrade Institutional was working on the platform, and since its release in October 2017, Model Market Center currently has more than 1,000 independent RIA users.
Fast forward 11 months, TD is officially launching Model Market Center, a technology platform for TD-affiliated RIAs that fuses the rebalancing software iRebal and trading platform Veo with readily available third party investment models.