FAQ

A Robo Advisor is an investment service that provides automated portfolio management without human intervention of discretion.  The portfolio is managed by computer algorithms which determine the ETFs held and the allocation for each security.

OmniFunds is a hands-on investment platform.  You, as the user, can see the trades being made in the OmniFunds that have been created, including the history, providing transparency that is generally not available from Robo Advisors.  You can also easily switch between OmniFunds at any time.  Robo Advisors follow "Modern Portfolio Theory" to determine which ETFs to switch into monthly As explained on the How it Works page, OmniFunds uses Market State, Filters, and Rankers to select securites to switch into.

These are just a few of the many differences between most Robo Advisors and OmniFunds. Explore our website and you’ll see that we offer what you are really looking for in an investments service: a modern approach that is determined to provide higher returns while constantly looking to minimize your market risk.

Click here for the full story on Robo Advisors vs. OmniFunds.

OmniFunds currently uses Interactive Brokers through Gar Wood Securities. Gar Wood is known for the quality of its trade execution and prime brokerage business, and it is well recognized in several industry surveys as a top broker in client services. You can learn more about Gar Wood Securities at  Garwood Securities LLC.

We will help you with the process of establishing an account with Garwood & Interactive Brokers, as well as configuring it to work properly with OmniFunds. Call 800-880-0338 or email support@nirvsys.com. 

OmniFunds is a completely automated investment platform. We do not offer advice on which OmniFund to use or which securities to buy or sell.   Each OmniFund shows statistics on the historical trades, including Max Draw Down, and the trades themselves.  All users should review this information to make an informed decision as to whether a particular Omnifund is appropriate for their risk tolerance and objectives.

If you have any questions about the OmniFunds platform, just send us an email at sales@nirvsys.com and we’ll be happy to answer your question within 24 business hours. For other ways to contact us, please click on the About Us link on the main menu.

Absolutely.   At any time you can adjust the percent investment on the current OmniFund that you are using, or you can change OmniFunds completely. Simply log in and go to your account. It will show the current OmniFund and account allocation you are using, and there will be a “Change” button that you can click on to make any changes. Any edits or changes will be implemented to next market day at the open.

NOTE: Transaction costs will apply if triggered by the edit or change.

Our current OmniFunds will analyze current and potential holdings. Based on this analysis, an OmniFund may adjust current position size or change the securities being held.

There is also the possibility that an OmniFund will make adjustments if a Market State changes. While a Market State change will not occur often, if this were to happen it can cause an OmniFund to change holdings or adjust position size. To learn more about Market States, please visit our How it Works page.