Navy Federal Investment Services Launches Digital Investor

New investment tool allows users flexibility between automated and hands-on wealth management.

VIENNA, Va.--(BUSINESS WIRE)--Navy Federal Investment Services (NFIS), a subsidiary of Navy Federal Financial Group and their investing technology partner DriveWealth LLC, announced today the launch of Digital Investor, a new virtual tool that provides users with automatic and self-directed wealth management options.

Digital Investor can help investors who want a simple, affordable digital option to manage their money. Whether members prefer the convenience of automated investing guidance, a more hands-on approach or a combination of the two, Digital Investor can match users’ investing style. The two approaches are geared toward investors seeking a more proactive role in their wealth management:

• Automated Investing helps those interested in having technology choose the investments in their portfolio by matching pre-built portfolios to their goals and risk tolerance. This tool automatically rebalances quarterly, so they can relax while Digital Investor does the work for them.
• Self-Directed Investing is the perfect match for those who like to be more hands-on. It allows investors to choose their own securities and manage their portfolio directly. They can choose from more than 1,000 carefully pre-selected investment options or try one of the pre-built bundles.

“Improving our members’ financial security and ability to build wealth remains our top priority, and we want each of our members to know it’s never too early or too late to start investing to achieve financial goals,” said Diane Young, Chief Operating Officer of Navy Federal Financial Group. “Digital Investor is the perfect tool to help make your goals a reality.”

Navy Federal wants members to know investing can help members achieve long-term goals. NFIS is emphasizing members’ ability to get started investing little by little, even offering a 30-day free trial, and Navy Federal is here to assist all users through this process.

“We want our members to understand the value of investing,” continued Young. “If you are paying your bills and have money left over, you can learn how to invest that money with Digital Investor, taking another step toward improving your financial future,” she concluded.

Investment and advisory services are now available digitally, by phone and on-site in over 150 Navy Federal branches. Whether you are a seasoned investor or a first-timer, NFIS can help. For more information or to seek investment services, visit the NFIS website, call 1-877-221-8108 or connect via email. Existing members are welcome to contact their financial advisors directly with questions.

About Navy Federal Investment Services: Navy Federal Investment Services (NFIS) is a wholly owned subsidiary of Navy Federal Credit Union. Brokerage and Investment Advisory services are offered through NFFG’s subsidiary Navy Federal Investment Services, LLC. For additional information, visit https://www.navyfederal.org/nfis.

About Navy Federal Credit Union: Established in 1933 with only seven members, Navy Federal now has the distinct honor of serving over 11 million members globally and is the world’s largest credit union. As a member-owned and not-for-profit organization, Navy Federal always puts the financial needs of its members first. Membership is open to all Department of Defense and Coast Guard Active Duty, veterans, civilian and contractor personnel, and their families. Dedicated to its mission of service, Navy Federal employs a workforce of over 20,000 and has a global network of 350 branches. For more information about Navy Federal Credit Union, visit navyfederal.org.

Federally insured by NCUA. Equal Opportunity Employer.