The world of wealth management is changing. A younger generation of high net worth and ultra-high net worth clients are demanding more customized portfolios and integration of personal values through vehicles like direct indexing and Separately Managed Accounts. As a wealth management firm – whether you are a CIO or an advisor – there’s increasing pressure to do more, with less.
Let us support you. Our scalable risk management and portfolio construction technology can help you meet the changing expectations your clients have.
What do wealth managers need?
A menu of model portfolios
To ensure the best ideas are captured with a minimum number of starting point building blocks
Customization
To manage client portfolios to the model, taking into account individual client preferences
Tax efficiency at scale
To scale cost-effectively and to maximize client quality of the solution relative to the human capital required for portfolios
Risk models
To have risk models that are tailored to the client use case and investment universe across asset classes
How do wealth managers benefit from tax optimization and direct indexing solutions?
Personalization and customization
- Incorporate client views of ESG, impact, thematic & factor
- Use custom indices to build the strategy to the client’s investment and personal preferences
Scalable account management
- Tailor the portfolio to offset concentrations in employer stock or inherited securities
- Incorporate asset allocation strategies while managing Unified Managed Accounts (UMA)
- Recognize tax-netting opportunities across all portfolios while preventing potential wash sales
Tax optimization
- Balance tax loss harvesting and model drift as either optimization targets or constraints
- Manage number of names owned, traded, as well as thresholds in the amount held or traded