What are Vests and how is it different from stocks?

What are Vests and how is it different from stocks?

Vests are custom and curated portfolios that comprise stocks and/or ETFs. Vests are constructed with different goals or themes in mind. Some Vests are built to enable investors to invest into diversified core assets that balance performance and downside protection, while other Vests are theme based, enabling investors to narrowly focus their investments on specific industries or core themes.