Creating financial product innovation for our partners and their investor customers
DriveAdvisory, LLC was established in 2022 as a RIC (Registered Investment Corporation) with the explicit mission to offer not only to the world, but particularly to our DriveWealth Broker Dealer Partners, a series of ETFs (Exchange Traded Funds).
DriveAdvisory has collaborated with ICE Data Indices, LLC to leverage momentum methodology that ranks ETF sectors and indices, the NYSE DriveWealth Indices.
We have identified 30 different indices that will come out of the NYSE DriveWealth partnership over the coming years and launch a corresponding ETF with the Index’s underlying constituents as the portfolio. This series of ETFs of ETFs is called the DriveWealth NYSE Index ETFs.
ETFs will be one of multiple products we envision opening in the coming years. We anticipate creating money market funds and other financial products to support the needs of our platform partners.