SMArtX Advisory Solutions Turnkey Asset Management Platform Builds its Ranks with 14 New Strategies
SMArtX Expands both SMA and Model-Delivery Solutions from Industry Leaders
WEST PALM BEACH, Fla., August 3, 2022 — SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform (‘TAMP’), announced the addition of 14 new investment strategies to its platform. The SMArtX platform now supports 1,095 model-traded and manager-traded separate account strategies offered from a diverse group of 268 asset managers.
The announcement comes on the heels of SMArtX’s nomination of being named a finalist in six industry awards: Four categories for the 2022 Wealth Management “Wealthies” Industry Awards and two categories for ThinkAdvisor LUMINARIES Awards.
SMArtX has added three new asset management firms — Liberty One Investment Management, Shelton Capital Management, and St. James Investment Advisors— to give advisors more strategies to build and offer custom portfolios at scale to clients. These new offerings are distributed and traded by SMArtX through its award-winning cloud-based solution across seven custodial platforms.
“SMArtX’s rapid growth goes hand-in-hand with the support of industry leaders like these to offer our clients some of the most diverse strategies in the industry,” said Evan Rapoport, CEO of SMArtX Advisory Solutions. “The fact that existing firms are adding strategies to the platform indicates SMArtX’s progression from a disruptive TAMP solution to a managed accounts technology that is setting a new industry precedent.”
Four existing firms have added to the SMArtX platform, providing investors access to more strategies from venerable firms Alliance Bernstein, iSectors, Neuberger Berman, and Putnam Investments. The strategies across all seven firms encompass model delivery exposures to U.S. equities, which are complemented by several separately managed accounts (SMAs) focused municipal and tax-aware strategies.
The complete list of new strategies includes:
- Alliance Bernstein
- Municipal Impact SMA
- Municipal Income SMA
- Tax Aware Fixed Income SMA
- Strategic Research Balanced (Non-CISH) SMA
- iSectors
- Inflation Protection Allocation
- Liberty One Investment Management
- Tactical Income Solution
- Tactical Growth Solution
- Spectrum
- Capstone
- Opportunity
- Neuberger Berman
- Large Cap Value
- Putnam Investments
- S. Small Cap Value Equity
- Shelton Capital Management
- Equity Income
- St. James Investment Advisors
- High Dividend Yield Portfolio
SMArtX’s continued growth is driven by two main applications of its technology: the off-the-shelf TAMP offering, which is built using SMArtX Advisory Solutions’ proprietary UMA technology, and the ability to tailor and utilize its UMA technology through cloud-based APIs to meet the mandates of large enterprises, RIA platforms, and hybrid broker-dealers.
Jonathan Pincus, President and COO of SMArtX expanded that “when markets suddenly reverse a long-term upward trend and have to deal with a volatile, recessionary environment, that’s when the cracks in your technology solutions start to show. Today’s markets require a modern solution.”
About SMArtX Advisory Solutions
SMArtX Advisory Solutions is an award-winning managed accounts technology provider and manages SMArtX, a turnkey asset management platform (‘TAMP’). SMArtX’s API-first, cloud-native technology operates within a modular, micro-services architecture, providing clients a tailored solution catered to their unique specifications. SMArtX is available as an off-the-shelf TAMP for advisors seeking wider selection of investment product and ease of use, while automating the investment processes and simplifying the everyday tasks of managing client accounts. SMArtX also licenses its proprietary technology to enterprise firms looking to create, customize, or upgrade their existing managed accounts technology as a standalone or fully integrated solution. SMArtX is the managed account technology and TAMP platform of choice for multiple RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com
SMArtX Advisory Solutions Nominated for Six Industry Awards
SMArtX has been named finalists in four categories for the 2022 Wealth Management “Wealthies” Industry Awards and two categories for ThinkAdvisor LUMINARIES Awards.
WEST PALM BEACH, Fla., July 28, 2022 – SMArtX Advisory Solutions (‘SMArtX’), a leading innovator in unified managed accounts (‘UMA’) technology and architect of the SMArtX turnkey asset management platform (‘TAMP’), has been named a finalist for four categories in 2022 Wealth Management “Wealthies” Industry Awards and two categories in ThinkAdvisor’s LUMINARIES Awards. This is the highest number of SMArtX Advisory Solutions’ nominations in a single year.
“We’re honored to receive this industry recognition. Our team works tirelessly to create the best possible technology, and it’s inspiring to see that hard work recognized,” said Evan Rapoport, Chief Executive Officer of SMArtX Advisory Solutions. “Over the last 12 months SMArtX has surpassed many performance benchmarks across our business, thanks in part to the dedication of our team and integration partners.”
The “Wealthies,” WealthManagement.com’s annual awards programs honoring the individuals, organizations and companies that help financial advisors build better businesses and create better outcomes for their clients. Winners will be announced on September 8, 2022, in New York City.
ThinkAdvisor LUMINARIES celebrate top advisors, industry executives, teams, RIAs, broker-dealers, asset/investment/portfolio managers and other firms by showcasing their achievements in four key areas:
- Diversity, Equity & Inclusion
- Thought Leadership
- Executive Leadership
- Community Impact
Winners will be announced on November 17, 2022 in New York City.
SMArtX Advisory Solutions have been named as finalists by Wealth Management Industry Awards in the following four categories:
- TAMPS: Model Marketplaces: Model Marketplace Diversified Model Marketplace with OCIO Overlay
- TAMPS: TAMPS: New Operational Efficiency Applications
- Technology Providers: Chief Executive Officer of the Year: Evan Rapoport
- Technology Providers: Chief Marketing Officer of the Year: Alex Smith-Ryland
SMArtX Advisory Solutions have been named as finalists by ThinkAdvisor in the following two categories:
- Executive Leadership, Evan Rapoport, CEO of SMArtX Advisory Solutions
- Thought Leadership & Education: SMArtX Advisory Solutions
SMArtX’s continued growth is driven by two main applications of its technology: the off-the-shelf TAMP offering, which is built using SMArtX Advisory Solutions’ proprietary UMA technology, and the ability to further deploy that tailored UMA technology through APIs to meet the mandates of large enterprises, RIA platforms, and hybrid broker-dealers.
About SMArtX Advisory Solutions
SMArtX Advisory Solutions is the next-generation managed accounts technology provider and manages SMArtX, a turnkey asset management platform that automates the investment management process and reduces the administrative burden of overseeing client investment portfolios. The firm also licenses its proprietary managed accounts technology to help firms replace legacy technology and powers several investment platforms for RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com. Follow SMArtX on Twitter and LinkedIn @SMArtXAdvisory.
About WealthManagement.com
WealthManagement.com, an Informa business, provides everything wealth professionals need to know to stay knowledgeable about the industry, build stronger relationships, improve their practice, and grow their business. Named 2021 Neal Award Winner as Best Media Brand For Overall Editorial Excellence, WealthManagement.com offers financial services organizations a broad array of marketing services designed to help them influence the industry’s leading audience of wealth management professionals.
About ThinkAdvisor
ThinkAdvisor provides financial advisors, registered investment advisors, and wealth managers with comprehensive coverage of the products, services, and information they need to guide their clients in making critical wealth, health, and life decisions. The website also showcases advisors adapting and succeeding in new ways, and it translates the impact of industry regulation, dealmaking, and technology into easily digestible, shareable content — so advisors have more time to spend advising clients and running their businesses.
SMArtX Advisory Solutions Expands Its Turnkey Asset Management Platform with 12 New Strategies
SMArtX Increases Assets by 44% in the First Half of 2022
WEST PALM BEACH, Fla., July 6, 2022 — SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform (‘TAMP’), announced the addition of 12 new investment strategies to its platform. The SMArtX platform now supports 1,086 model-traded and manager-traded separate account strategies offered from a diverse group of 266 asset managers.
SMArtX has added five new asset management firms — Exencial Wealth Advisors, Glovista Investments, Hazelview Securities, Sandhill Investment Management, and SSI Investment Management— to give advisors more strategies for advisors to build and offer tailored portfolios to clients. These new offerings are distributed and traded by SMArtX through its award-winning cloud-based solution across seven custodial platforms.
“A key element to SMArtX’s growth is having a diverse range of third-party strategies available for our clients,” said Evan Rapoport, CEO of SMArtX Advisory Solutions. “With almost 1,100 strategies on the platform, advisors can easily build distinct portfolios for each one of their risk/reward profiles.”
Two existing firms have added to the SMArtX platform, giving investors access to more strategies from Chilton Capital Management and Congress Asset Management Company. The strategies across all seven firms encompass exposures to real estate, global equities, U.S. equities, and fixed income.
The complete list of new strategies includes:
- Chilton Capital Management
- High Conviction
- Congress Asset Management Company
- SMID Growth
- Exencial Wealth Advisors
- Core Equity
- Equity Income
- International Equity
- Glovista Investments
- Emerging Market Equities
- Global Tactical Asset Allocation
- Hazelview Securities
- Core U.S. Real Estate
- Sandhill Investment Management
- Concentrated Equity Alpha Wrap
- SSI Investment Management
- Flexible Allocation – Conservative
- Flexible Allocation – Moderate
- Flexible Allocation – Moderately Aggressive
SMArtX’s continued growth is driven by two main applications of its technology: the off-the-shelf TAMP offering, which is built using SMArtX Advisory Solutions’ proprietary UMA technology, and the ability to further deploy that tailored UMA technology through APIs to meet the mandates of large enterprises, RIA platforms, and hybrid broker-dealers.
SMArtX President & COO Jonathan Pincus expanded that “in markets like these, it becomes more and more relevant to find access to strategies that are less correlated or even non-correlated to the broad equity markets. SMArtX’s expanding, varied platform provides turnkey access to strategies across the long only, hedged, and short only space.”
About SMArtX Advisory Solutions
SMArtX Advisory Solutions is an award-winning managed accounts technology provider and manages SMArtX, a turnkey asset management platform (‘TAMP’). SMArtX’s API-first, cloud-native technology operates within a modular, micro-services architecture, providing clients a tailored solution catered to their unique specifications. SMArtX is available as an off-the-shelf TAMP for advisors seeking wider selection of investment product and ease of use, while automating the investment processes and simplifying the everyday tasks of managing client accounts. SMArtX also licenses its proprietary technology to enterprise firms looking to create, customize, or upgrade their existing managed accounts technology as a standalone or fully integrated solution. SMArtX is the managed account technology and TAMP platform of choice for multiple RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com
SMArtX Advisory Solutions AUM Reaches $27.41 Billion
Assets Increased 44% in First Half of 2022
WEST PALM BEACH, Fla., June 29th, 2022 — SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform (‘TAMP’), today announced their assets under management (‘AUM’) reached $27.41 billion after adding $8.37 billion in the first half of 2022.
The first and second quarters of 2022 have seen a similar market situation to the first and second quarters of 2020, where volatility and uncertainty roiled markets. In both time frames, the conditions significantly tested legacy managed accounts investment technologies and SMArtX realized momentous AUM increases as firms looked for better technological solutions to handle the realities of today’s market operations.
The volatile price movements in the overall markets, let alone individual names, has seen substantial gaps between order and execution prices when trading occurs on a delayed basis. SMArtX’s technology is uniquely built to bring institutional solutions to the advisory marketplace by providing features such as continuous intra-day trading that minimizes the time between order and execution to effectively manage a volatile market, setting SMArtX apart from traditional TAMPs and legacy managed accounts technology providers.
“The inability to effectively execute in a timely manner equates to an illiquid position, resulting in execution prices that are significantly different to when the decision was made to buy or sell the position,” said Evan Rapoport, CEO of SMArtX Advisory Solutions. “We’ve seen individual positions gap up and gap down both intra-day and overnight, even in mega-cap stocks. This needlessly disadvantages the end advisory clients as the technology exists to avoid this type of shortcoming.”
SMArtX’s API capabilities, highly scalable architecture, and real-time processes have been at the forefront of the increase demand for its modern technological solutions and, as a result, driven the significant growth seen thus far in 2022. Over the same period, SMArtX added another 93,425 accounts to its platform, a 118% increase, which were seamlessly absorbed due to the inherently scalable structure of the SMArtX platform.
SMArtX’s continued growth is driven by two main applications of its technology: the off-the-shelf TAMP offering, which is built using SMArtX Advisory Solutions’ proprietary UMA technology, and the ability to further deploy that tailored UMA technology through APIs to meet the mandates of large enterprises, RIA platforms, and hybrid broker-dealers.
“The market institutions, the trading institutions, and their respective technologies have continued to advance but the advisory space is mired in the bog of legacy infrastructure that cannot adapt,” said Jonathan Pincus, President & COO of SMArtX. “SMArtX’s ability to address and solve for this technological gap is one of the core drivers for SMArtX’s advancement in the unified managed accounts space.”
About SMArtX Advisory Solutions
SMArtX Advisory Solutions is an award-winning managed accounts technology provider and manages SMArtX, a turnkey asset management platform (‘TAMP’). SMArtX’s API-first, cloud-native technology operates within a modular, micro-services architecture, providing clients a tailored solution catered to their unique specifications. SMArtX is available as an off-the-shelf TAMP for advisors seeking wider selection of investment product and ease of use, while automating the investment processes and simplifying the everyday tasks of managing client accounts. SMArtX also licenses its proprietary technology to enterprise firms looking to create, customize, or upgrade their existing managed accounts technology as a standalone or fully integrated solution. SMArtX is the managed account technology and TAMP platform of choice for multiple RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com
SMArtX Advisory Solutions Adds 43 New Strategies to Its Turnkey Asset Management Platform
The expansion comes as SMArtX continues to see support from asset management firms including Goldman Sachs Asset Management.
WEST PALM BEACH, Fla., June 2, 2022 — SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform (‘TAMP’), announced the addition of 43 new investment strategies to its platform. The SMArtX platform now supports 1,078 model-traded and manager-traded separate account strategies offered from a diverse group of 262 asset managers.
SMArtX has added seven new asset management firms —1492 Capital Management, AGF Investments, Alley Investment Management Company, Goldman Sachs Asset Management, Milwaukee Institutional Asset Management, Winans Investments, and ZEGA Financial — to give advisors the customized strategies they need to offer tailored portfolios to clients. These new offerings are distributed and traded by SMArtX through its award-winning cloud-based solution across seven custodial platforms.
“SMArtX is thrilled to have these firms as part of our platform,” said Evan Rapoport, CEO of SMArtX Advisory Solutions. “By bringing them to SMArtX, we can give advisors access to some of the most well-known firms in the industry. Our technology leverages the client experience and provides click-to-allocate functionality for seamless strategy access.”
Three existing firms have added to the SMArtX platform, giving investors access to more strategies from Ballast Equity, Federated Hermes, and Janus Henderson. The strategies across all 10 firms encompass asset allocation strategies, options strategies, and exposures to global equity, U.S. equity, and fixed income strategies.
The complete list of new strategies includes:
- 1492 Capital Management
- Small Cap Core Alpha Strategy
- Small Cap Growth Strategy
- Small Cap Value Strategy
- AGF Investments
- S. Large Cap Growth Equity
- Global Select ADR Constrained
- Global Sustainable Equity ADR
- S. Small-Mid Cap Growth Equity
- Alley Investment Management Company
- Dividend Portfolio
- Ballast Equity
- Select Value
- Federated Hermes
- Engagement Most Conservative
- Engagement Conservative
- Engagement Moderately Conservative
- Engagement Moderate
- Engagement Moderately Aggressive
- Engagement Aggressive
- Engagement Most Aggressive
- Goldman Sachs Asset Management
- 20/80 ETF Model Portfolio
- 30/70 ETF Model Portfolio
- 40/60 ETF Model Portfolio
- 50/50 ETF Model Portfolio
- 60/40 ETF Model Portfolio
- 70/30 ETF Model Portfolio
- 80/20 ETF Model Portfolio
- 90/10 ETF Model Portfolio
- Janus Henderson
- Global Adaptive Capital Allocation
- Global Adaptive Capital Appreciation
- Global Adaptive Capital Growth
- Global Allocation Model – Conservative
- Global Allocation Model – Growth
- Global Allocation Model – Moderate
- Sustainable Multi-Asset Conservative
- Sustainable Multi-Asset Moderate Conservative
- Sustainable Multi-Asset Moderate
- Sustainable Multi-Asset Moderate Growth
- Sustainable Multi-Asset Growth
- Milwaukee Institutional Asset Management
- MIAM Concentrated Equity Value SMA Strategy*
- MIAM Focused Fixed Income Value SMA Strategy*
- MIAM Concentrated Equity Value Strategy
- Winans Investments
- Balanced 75-25*
- Balanced 50-50*
- Balanced 25-75*
- Corporate Income*
- ZEGA Financial
- High Probability Options Strategy – Conservative*
Indicates manager traded SMA only
SMArtX’s continued growth is driven by two main applications of its technology: the off-the-shelf TAMP offering, which is built using SMArtX Advisory Solutions’ proprietary UMA technology, and the ability to further deploy that tailored UMA technology through APIs to meet the mandates of large enterprises, RIA platforms, and hybrid broker-dealers.
SMArtX President & COO Jonathan Pincus emphasized that “the SMArtX platform minimizes the dispersion between models and the end client accounts through continuous intra-day trading. This provides better and more accurate experience for accounts allocated to these strategies versus trading that takes place during specific trading ‘windows’ hours or days later.”
About SMArtX Advisory Solutions
SMArtX Advisory Solutions is an award-winning managed accounts technology provider and manages SMArtX, a turnkey asset management platform (‘TAMP’). SMArtX’s API-first, cloud-native technology operates within a modular, micro-services architecture, providing clients a tailored solution catered to their unique specifications. SMArtX is available as an off-the-shelf TAMP for advisors seeking wider selection of investment product and ease of use, while automating the investment processes and simplifying the everyday tasks of managing client accounts. SMArtX also licenses its proprietary technology to enterprise firms looking to create, customize, or upgrade their existing managed accounts technology as a standalone or fully integrated solution. SMArtX is the managed account technology and TAMP platform of choice for multiple RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com
SMArtX Advisory Solutions Grows its Turnkey Asset Management Platform with 20 New Strategies
Industry Heavyweight Janus Henderson Adds 7 Strategies to the Platform
WEST PALM BEACH, Fla., May 4th, 2022 — SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform (‘TAMP’), today announced 20 new investment strategies from 10 asset management firms have been added to its turnkey asset management platform (TAMP). The SMArtX platform now supports 1,033 model-traded and manager-traded separate account strategies offered from a diverse group of 255 asset managers.
SMArtX has added eight new asset management firms —Appleton Partners, Aptus Capital Advisors, Counterpoint Mutual Funds, Janus Henderson, Main Management, Martin Currie, Ned Davis Research, and Spouting Rock Asset Management — to give advisors the customized strategies they need to offer tailored portfolios to clients. These new offerings are distributed and traded by SMArtX through its award-winning cloud-based solution across seven custodial platforms.
“SMArtX is excited to welcome new managers to the platform. The volatility of the markets continues to strain advisors who manage the individual positions within their clients’ portfolios,” said Evan Rapoport, CEO of SMArtX Advisory Solutions. “As a result, we see ongoing demand for institutional third-party investment strategies to be on the SMArtX platform so advisors can spend more time focused on their clients.”
Two existing firms are adding new strategies to the platform: Kingsview Investment Management and The London Company. The strategies across the 10 firms encompass emerging markets, global equity, U.S. equity, and fixed income strategies.
The complete list of new strategies include:
- Appleton Partners
- Intermediate Municipal Bond*
- Municipal Impact SMA*
- Aptus Capital Advisors
- Impact Series HNW Conservative
- Impact Series HNW Moderate
- Impact Series HNW Growth
- Counterpoint Mutual Funds
- High Yield Trend
- Janus Henderson
- US Concentrated Growth
- Global Dividend Growth
- Global Sustainable Equity
- US Growth & Income
- US Mid Cap Growth
- US Mid Cap Value
- US Opportunistic Alpha
- Kingsview Investment Management
- Dividend Plus
- Ambassador Income
- Main Management
- Active Sector Rotation
- Martin Currie
- Emerging Markets
- Ned Davis Research
- Dynamic Allocation
- Spouting Rock Asset Management
- Small Cap Growth
- The London Company
- SMID Cap
- Indicates manager traded SMA only
SMArtX’s continued growth is driven by two main applications of its technology: the off-the-shelf TAMP offering, which is built using SMArtX Advisory Solutions’ proprietary UMA technology, and the ability to further deploy that tailored UMA technology through APIs to meet the mandates of large enterprises, RIA platforms, and hybrid broker-dealers.
“SMArtX President & COO Jonathan Pincus emphasized that “the SMArtX platform continues to overperform on the automation of manual processes. It goes beyond just technology to include the option of accessing a wide range of third-party investment strategies that trade the assets and relieve the burden from the advisor.”
About SMArtX Advisory Solutions
SMArtX Advisory Solutions is an award-winning managed accounts technology provider and manages SMArtX, a turnkey asset management platform (‘TAMP’). SMArtX’s API-first, cloud-native technology operates within a modular, micro-services architecture, providing clients a tailored solution catered to their unique specifications. SMArtX is available as an off-the-shelf TAMP for advisors seeking wider selection of investment product and ease of use, while automating the investment processes and simplifying the everyday tasks of managing client accounts. SMArtX also licenses its proprietary technology to enterprise firms looking to create, customize, or upgrade their existing managed accounts technology as a standalone or fully integrated solution. SMArtX is the managed account technology and TAMP platform of choice for multiple RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com
SMArtX Advisory Solutions Deepens Strategic and Commercial Relationship with Morningstar Investment Management
SMArtX Closes Series D Round with $30 million Investment; Morningstar’s Daniel Needham and Michael Holt Join SMArtX Board
WEST PALM BEACH, Fla., May 3rd, 2022 — SMArtX Advisory Solutions (‘SMArtX’), a leading innovator in unified managed accounts (‘UMA’) technology and architect of the SMArtX turnkey asset management platform (‘TAMP’), today announced the closure of their Series D round with a $30 million investment by Morningstar Investment Management, LLC , a subsidiary of independent investment research provider Morningstar, Inc. The announcement follows the previous press release sharing that SMArtX will power the Morningstar turnkey asset management platform.
The Morningstar Investment Management capital will assist in the build out of SMArtX’s development capabilities, including those that will support Morningstar Investment Management’s existing TAMP and its direct indexing solution launching later this year. SMArtX has been hosting direct indexing strategies for over four years and offers one of the largest direct indexing platforms in the industry with 133 strategies.
The investment will also be used to further expand SMArtX’s technology and ability to deliver managed account technology to a wider range of firms. Specifically, it will help deepen existing product offerings, expand its API solutions to provide more comprehensive integrations, and expand implementation teams to support SMArtX’s future growth. This will result in SMArtX’s additional product offerings including fixed income strategies in a UMA, the client’s ability to direct trades, improved manager analytics, and an expanded SMArtX Select list of investment strategies.
SMArtX will also welcome Daniel Needham, President of Morningstar’s Wealth Management Solutions group, and Michael Holt, Chief Strategy Officer at Morningstar, to its Board of Directors immediately.
“Morningstar has already demonstrated their ability to be a strong collaborator as we work together to set the standard for managed account technology,” said Evan Rapoport, CEO of SMArtX. “We continue to build the engine that will help grow Morningstar’s TAMP by consolidating its data, research and analytics capabilities into a platform designed for today’s advisor.”
“We seek out companies like SMArtX that are breaking through the boundaries of traditional technology to bring innovative new solutions to market,” said Daniel Needham. “SMArtX has a track record of building products that offer greater flexibility, advisor choice and personalization at scale, which aligns with our mission of empowering investor success.”
SMArtX’s industry leading, cloud-native, API-first managed account technology was previously chosen by Morningstar Investment Management to power their integrated wealth management solution. SMArtX continues to expand their client base across independent broker-dealers, turnkey asset management platforms, asset managers, and other wealthtech providers who find their respective legacy technologies do not operate efficiently in today’s modern, fast-moving markets.
About SMArtX Advisory Solutions
SMArtX Advisory Solutions is the next generation managed accounts technology provider and manages SMArtX, a turnkey asset management platform that automates the investment management process and reduces the administrative burden of overseeing client investment portfolios. The firm also licenses its proprietary managed accounts technology to help firms replace legacy technology and powers several investment platforms for RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com. Follow SMArtX on Twitter and LinkedIn @SMArtXAdvisory.
About Morningstar’s Investment Management group
Morningstar’s Investment Management group is a leading provider of discretionary investment management and advisory services. Guided by seven investment principles, the group is committed to focusing on its mission to design portfolios that help investors reach their financial goals. The group’s global investment management team works as one to apply a disciplined investment process to its strategies and portfolios, bringing together core capabilities in asset allocation, investment selection, and portfolio construction. This robust process integrates proprietary research and leading investment techniques. As of June 30, 2021, Morningstar’s Investment Management group was responsible for approximately $251 billion* in assets under advisement and management across North America, EMEA, and Asia-Pacific.
In addition to advisory services, the group’s investment professionals build and manage model portfolios for financial advisors in the United States, United Kingdom, Australia, South Africa and India to create strategies that incorporate a wide variety of investment objectives.
*Includes assets under management and advisement for Morningstar Investment Management LLC, Morningstar Investment Services LLC, Morningstar Investment Management Europe Ltd., Morningstar Investment Management Australia Ltd., Ibbotson Associates Japan, Inc., Morningstar Investment Management South Africa (PTY) LTD, and Morningstar Associates Inc. all of which are subsidiaries of Morningstar, Inc. Advisory services listed are provided by one or more of these entities, which are authorized in the appropriate jurisdiction to provide such services.
Third Annual SMArtX “X” Awards Announces Winners, Recognizes Asset Management Excellence
Congratulations to the nine leading investment strategies earning this year’s accolades on the SMArtX Advisory Solutions Turnkey Asset Management Platform
WEST PALM BEACH, Fla., April 11, 2023 — SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform (‘TAMP’), today announced the winners of the SMArtX 2023 X Awards (previously known as the SMArtX Virtual Awards). Now in its third year, the X Awards recognize leading strategies within the model marketplace on the SMArtX platform.
Winners were selected across nine categories from among 1,111 eligible strategies, based on annual data collected for the period ending December 31, 2022. The nine awards categories were grouped by market cap, geographic focus, and investment type. The winning strategies were selected based on a four-step methodology looking at the ability to generate alpha over a peer group benchmark, a positively skewed risk and return profile distribution, downside and tail-risk management, and consistency of returns.
“The 2023 X Awards recognize asset management excellence, denoted by the firm’s ability to outperform their peers,” said Evan Rapoport, CEO of SMArtX Advisory Solutions. “Our proprietary analysis provides our clients with actionable insights to assist in the creation of client portfolios.”
The 2023 X Awards Winners by category are:
- Large Cap: Logan Capital Management – Large Cap Growth
- Mid Cap: Congress Asset Management Company – SMID Growth
- Small Cap: Easterly Asset Management – Snow Small Cap Value
- Global: Capital Research and Management Company – Global Equity SMA
- Foreign: Blackrock – International Equity SMA
- Fixed Income: Aristotle Credit Partners – Credit High Yield Bond Focused ESG
- Allocation: Fidelity Institutional – Target Allocation 60/40 (Z) Model Portfolio
- Tactical Allocation: Kensington Asset Management – Dynamic Growth
- Fixed Income Allocation: Weatherstone Capital Management – Strategic Income
“The SMArtX unified managed accounts technology platform provides more than just access to third party investment strategies,” said Jonathan Pincus, President and COO of SMArtX Advisory Solutions. “The platform provides a diligently vetted model marketplace and a complete set of feature solutions that can be integrated directly into existing technology stacks or accessed through our off-the-shelf TAMP.”
About SMArtX Advisory Solutions
SMArtX Advisory Solutions is an award-winning unified managed accounts technology provider and manages SMArtX, a turnkey asset management platform (‘TAMP’). SMArtX’s API-first, cloud-native technology operates within a modular, micro-services architecture, providing clients a tailored solution catered to their unique specifications. SMArtX is available as an off-the-shelf TAMP for advisors seeking wider selection of investment product and ease of use, while automating the investment processes and simplifying the everyday tasks of managing client accounts. SMArtX also licenses its proprietary technology to enterprise firms looking to create, customize, or upgrade their existing managed accounts technology as a standalone or fully integrated solution. SMArtX is the managed account technology and TAMP platform of choice for multiple RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com
SMArtX UMA Platform Surges with the Addition of 54 Strategies
Industry Behemoths Invesco Advisers, J.P. Morgan Asset Management, and T. Rowe Price Associates, Inc. Continue to Add Strategies
WEST PALM BEACH, Fla., April 5, 2023 – SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform (‘TAMP’), today announced it has added fifty-four strategies to its UMA platform, one of the largest monthly increases in its strategy roster that features most of the world’s leading asset managers. Brown Advisory, Capital Wealth Planning, Renaissance Investment Management, Seizert Capital Partners, Spyglass Capital Management, Syntax, and WestEnd Advisors are new to the SMArtX platform as of April, while existing platform firms Beaumont Capital Management, ClearBridge Investments, Dana Investment Advisors, Invesco Advisors, J.P. Morgan Asset Management, T. Rowe Price Associates, Inc, and ZEGA Financial all added new strategies. The platform now features 1,181 strategies from 290 asset management firms.
The asset management firms that have joined the SMArtX platform have contributed a total of twenty strategies that cover equity exposures and direct indexing themes. These strategies offer access to long-only models and thematic indices that aid in portfolio diversification, enabling Registered Investment Advisors (RIAs) to construct portfolios with lower correlation and volatility as compared to the overall market. In addition to this, the existing firms have added another thirty-four investment strategies, comprising tax-aware, domestic equity, global equity, and market-neutral models.
The full list of new strategies includes:
- Brown Advisory
- Large Cap Sustainable Growth
- Large Cap Growth
- Beaumont Capital Management
- Javelin Market Neutral
- Capital Wealth Planning
- Enhanced Dividend Income Portfolio
- ClearBridge Investments
- Sustainable Leaders
- Dana Investment Advisors
- Large Cap Equity
- Invesco Advisers
- Pinnacle Series: Total Beta 10 MM Portfolio
- Pinnacle Series: Total Beta 20 MM Portfolio
- Pinnacle Series: Total Beta 30 MM Portfolio
- Pinnacle Series: Total Beta 40 MM Portfolio
- Pinnacle Series: Total Beta 50 MM Portfolio
- Pinnacle Series: Total Beta 60 MM Portfolio
- Pinnacle Series: Total Beta 70 MM Portfolio
- Pinnacle Series: Total Beta 80 MM Portfolio
- Pinnacle Series: Total Beta 90 MM Portfolio
- Pinnacle Series: Total Beta Equity MM Portfolio
- Pinnacle Series: Total Beta Income MM Portfolio
- Pinnacle Series: Total Beta Tax Aware 20 MM Portfolio
- Pinnacle Series: Total Beta Tax Aware 40 MM Portfolio
- Pinnacle Series: Total Beta Tax Aware 60 MM Portfolio
- Pinnacle Series: Total Beta Tax Aware 80 MM Portfolio
- Pinnacle Series: Total Beta Tax Aware Income MM Portfolio
- Pinnacle Series: Total Beta Tax Aware Income Portfolio
- Pinnacle Series: Total Beta Tax Aware 10 Portfolio
- Pinnacle Series: Total Beta Tax Aware 20 Portfolio
- Pinnacle Series: Total Beta Tax Aware 30 Portfolio
- Pinnacle Series: Total Beta Tax Aware 40 Portfolio
- Pinnacle Series: Total Beta Tax Aware 50 Portfolio
- Pinnacle Series: Total Beta Tax Aware 60 Portfolio
- Pinnacle Series: Total Beta Tax Aware 70 Portfolio
- Pinnacle Series: Total Beta Tax Aware 80 Portfolio
- J.P. Morgan Asset Management
- U.S. Value
- Seizert Capital Partners
- Small Cap Value
- Spyglass Capital Management
- Growth
- Syntax
- Battery and Energy Storage Index
- Bio Revolution Index
- Cyber Security Index
- Defensive Index
- Digital Health Index
- Infrastructure Index
- Real Asset Ecosystem Index
- T. Rowe Price Associates, Inc.
- Conservative Income – Investor Class
- Moderate Income – Investor Class
- Conservative Income – I Class
- Moderate Income – I Class
- Renaissance Investment Management
- Large Cap Growth
- International Small Cap Growth
- Small Cap Growth
- WestEnd Advisors
- Global Balanced
- Global Conservative
- Global Equity
- U.S. Sector
- Multi-Asset
- ZEGA Financial
- Concentrated Stock Management.
“We are honored to showcase a distinguished roster of asset management firms on our platform,” remarked Evan Rapoport, the Founder and CEO of SMArtX Advisory Solutions. “The swift influx of strategies onto our platform is indicative of the increasing demand from our clients for unified managed accounts and the streamlined processes they offer.”
SMArtX’s continued growth is driven by two main applications of its technology: the off-the-shelf TAMP offering, which is built using SMArtX Advisory Solutions’ proprietary UMA technology, and the ability to further deploy tailored UMA technology through APIs to meet the mandates of large enterprises, RIA platforms, and hybrid broker-dealers.
“SMArtX has observed a notable surge in the need for a managed account solution that seamlessly integrates with existing technology infrastructures, while delivering outcomes that align with the elevated standards of the contemporary clientele,” stated Jonathan Pincus, the President and COO of SMArtX.
About SMArtX Advisory Solutions
SMArtX Advisory Solutions is an award-winning unified managed accounts technology provider and manages SMArtX, a turnkey asset management platform (‘TAMP’). SMArtX’s API-first, cloud-native technology operates within a modular, micro-services architecture, providing clients a tailored solution catered to their unique specifications. SMArtX is available as an off-the-shelf TAMP for advisors seeking wider selection of investment product and ease of use, while automating the investment processes and simplifying the everyday tasks of managing client accounts. SMArtX also licenses its proprietary technology to enterprise firms looking to create, customize, or upgrade their existing managed accounts technology as a standalone or fully integrated solution. SMArtX is the managed account technology and TAMP platform of choice for multiple RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com
SMArtX Advisory Solutions Expands its Select Manager List
SMArtX Experiences Unprecedented Growth as Assets Approach $30 Billion
WEST PALM BEACH, Fla., March 14, 2023 — SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX Turnkey Asset Management Platform (‘TAMP’), today announced their updated Select Manager List, a subset of investment strategies currently on the SMArtX platform identified through an extensive screening process headed by SMArtX’s Chief Investment Strategist, Pascal Roduit. The Select Manager List is a function of SMArtX’s Outsourced Chief Investment Officer (‘OCIO’) services and was introduced to meet the needs of clients who desire a smaller strategy selection pool.
Pascal Roduit created the proprietary methodology utilized to create the Select Manager List of investment strategies. The list was filtered from the 1,114 strategies on the SMArtX UMA platform down to 179 strategies, which is then further delineated into “Gold” and “Silver” classifications across a wide range of categories. The methodology employs a four-step screening process looking at the ability to generate alpha over a peer group benchmark, a positively skewed risk and return profile distribution, downside and tail-risk management, and consistency of returns.
“The SMArtX Manager selection process went live in late 2017 and successfully weathered the highly volatile equity and fixed income environment in the aftermath of the Covid-19 economic shut down,” said Pascal Roduit, Chief Investment Strategist. “Five years later, our proprietary selection process is battle tested, robust, repeatable, and unbiased. This offers an extra layer of comfort for advisors who allocate to third-party strategies and helps ensure that advisors can choose strategies with confidence when building their clients’ portfolios.”
SMArtX has experienced significant growth since the Select Manager List was introduced 15 months ago. SMArtX was named the fastest growing TAMP by The Wealth Adviser and they have seen assets almost double to approximately $30 billion. This growth is driven by two main applications of its technology: the off-the-shelf TAMP offering with built-in OCIO services, which is constructed using SMArtX Advisory Solutions’ proprietary UMA technology, and the ability to employ a tailored version of SMArtX’s UMA technology delivered via APIs to meet the mandates of large enterprises, RIA platforms, and hybrid broker-dealers.
“SMArtX’s asset growth is mainly due to our ability to build unified managed account solutions that meet our clients’ requirements,” said Evan Rapoport, Founder and CEO of SMArtX. “Our ongoing development and implementation of modern tools and features, built on our customizable, scalable cloud-based platform, means we are able to deliver services on the forefront of UMA technology.”
About SMArtX Advisory Solutions
SMArtX Advisory Solutions is an award-winning unified managed accounts technology provider and manages SMArtX, a turnkey asset management platform (‘TAMP’). SMArtX’s API-first, cloud-native technology operates within a modular, micro-services architecture, providing clients a tailored solution catered to their unique specifications. SMArtX is available as an off-the-shelf TAMP for advisors seeking wider selection of investment product and ease of use, while automating the investment processes and simplifying the everyday tasks of managing client accounts. SMArtX also licenses its proprietary technology to enterprise firms looking to create, customize, or upgrade their existing managed accounts technology as a standalone or fully integrated solution. SMArtX is the managed account technology and TAMP platform of choice for multiple RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com
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