Press Room
LTSave changes name to Invesra
Boston, MA, April 29, 2008 – LTSave, an internet based SEC registered investment advisor that provides investment management and retirement planning to individuals through financial institutions, affinity groups and employers, announced today that it is changing its name to Invesra. The name change was announced today at the FinovateStartUp conference at which dozens of startups innovating at the intersection of finance and technology are showcased.
"The name change coincides with the launch of the company's new user experience and service capabilities," said Sunil Bhatia, Invesra Chairman. "The name and the logo are active and fresh, and combined with the company’s tagline "Invest for your Future", are indicative of its mission to help consumers plan and manage their investment assets for retirement".
Invesra combines the same high-quality analytics and investment management services developed on the LTSave platform, with web-based delivery so that third parties be they companies, banks, credit unions, academic institutions or affinity groups can offer online outsourced retirement planning and investment management services to their employees and customers.
Invesra's new capabilities include: Total financial picture: Planning and portfolio management that is comprehensive covering all of a user's investment accounts Investor preferences: Investment selection based on user beliefs and preferences Self-service and managed accounts: Online self-directed services with customer service support to setup, and fully delegated managed option Independence: Objective advice personalized to the user Secure and private: Information is protected by the most advanced methods Co-branding and private-labeling options: Customized options providing configurable services to partners.
"Invesra simplifies the process of creating investment portfolios and selecting and managing investments. It gives the user a simple online method to perform this highly complex and sophisticated task", Bhatia continued. "Advice is personalized to reflect each user’s circumstances and tolerance for investment risk. Financial institutions can partner with us to minimize their time-to-market and quickly provide this service to their customers".
About Invesra
Invesra provides internet-based investment management and retirement planning services to consumers for the management of their retirement assets. Invesra's service is delivered to consumers, employer groups, financial institutions and affinity groups through its proprietary internet platform utilizing sophisticated and objective investment methodologies. Invesra, whose management team has extensive experience in leading financial institutions, is a SEC-registered investment advisor.
