The brokerage arm of Midlantic Corp., Edison, N.J., has introduced a new asset allocation investment program that combines individual advice with mutual fund investment.
The unit said the Midlantic Investment Services program is meant to help investors achieve their financial goals through a variety of offerings, including investment in the banking company's Compass Funds.
The program, which is available through Midlantic brokers in branches in New Jersey and southeastern Pennsylvania, requires an initial investment of $25,000.
The program begins with an analysis of the customer's personal investment goals. The customer is then matched with one of nine investment programs or models.