Vanguard will launch a new service on Friday that aims to help individuals and businesses understand how their assets and investments are managed and how they can leverage them to reach their goals.
The new service will be called Blackrock Wealth Management and will help people, companies and businesses build wealth and manage their wealth, the company said.
The service will offer investors, brokers and accountants the ability to create wealth management plans, which include the creation of a portfolio of assets and the investment of a portion of the assets in a trust or a savings account, the companies said in a press release.
The plans are available to anyone who wants to participate.
Blackrock Wealth management will work with clients to create an investment plan that aligns with their goals and goals align with their assets, the release said.
Blackrocks investment plan, Vanguard’s Blackrock, will allow investors to invest their money directly in a variety of investments that they can access online or in person, including:Equity funds, bonds, mutual funds, stocks, real estate and bonds, as well as currencies.
BlackRock will work closely with financial advisors and investors to develop a plan for individuals, families and businesses to use, and provide investors with tools to manage their investments, the statement said.
BlackRock will also provide investors access to the Vanguard Wealth Management platform to help them create, customize and manage wealth management strategies, which can be accessed online, through the Vanguard app or through the Blackrock website.
In addition, BlackRock Wealth Management will be available on the Vanguard platform to fund companies and individuals through a new platform called BlackRock Money Management.
Blackburne will be the Vanguard’s second online wealth management platform, following Blackrock Money Management, launched in September.