Olive Invest Launches Principal Protected Outcomes for RIAs

Olive Invest, a financial technology firm based in New York, has introduced Principal Protected Outcomes (PPOs), a new service aimed at revolutionizing the offerings of fee-only registered investment advisors (RIAs). This 'outcomes as a service' platform combines the security of structured notes and indexed annuities with improved flexibility, transparency, and lower costs. The launch positions Olive Invest at the forefront of providing innovative financial tools for RIAs looking to enhance their client portfolios.

Olive's PPOs enable clients to own underlying fixed income and listed options directly, eliminating reliance on traditional counterparties such as banks and insurers. This feature simplifies operations for RIAs and opens up advanced risk management strategies. Ben Fulton from Olive's advisory board believes that PPOs are not only an alternative to existing products but also a superior option due to their transparency, low fees, and reduced complexity. Chai Phrompechrut, CEO and Co-Founder of Olive, underscored the platform's user-friendly design, aimed at making sophisticated financial instruments accessible to advisors.

The introduction of PPOs offers a significant growth opportunity for fee-only RIAs, providing them with a competitive edge through a product that aligns with fiduciary responsibilities and emphasizes client interest. Olive Invest continues its mission to innovate in wealth management, empowering RIAs with cutting-edge tools designed to improve investment outcomes for their clients.