Originally launched as "Covestor" and later acquired and rebranded by Interactive Brokers in 2015, Interactive Advisors operated as an SEC-registered Investment Adviser. Its mission was to provide individual investors with access to a wide range of professionally managed, low-cost investment portfolios. The service functioned as a robo-advisor, offering automated portfolio management based on a client's risk tolerance and financial goals. In 2021, Interactive Brokers integrated Interactive Advisors' services directly into its main platform, rebranding the offering as "Interactive Brokers Portfolios" to streamline its product suite.

Founded in

United States