Bringing you live news and features since 2006 

Genworth Wealth Management launches GPS Select Solution

RELATED TOPICS​

Genworth Financial Wealth Management (GFWM) has launched GPS Select Solutions, a suite of multi-strategist solutions to help grow or preserve wealth, generate income, or serve a variety of other specific investment goals.

GPS Select Solutions consists of portfolios that incorporate the strategies of multiple portfolio strategists within single accounts. The portfolios offer financial advisers on the Genworth Wealth Management platform new ways to help their clients.

Advisers can use GPS Select Solutions’ diversified, multi-strategist portfolios to provide either a comprehensive investment solution directed at a broad goal, or a targeted complement to other holdings. GPS Select Solutions joins the firm’s existing GPS Solutions (formerly Genworth Portfolio Solutions) as part of the family of Guided Portfolios – goal-oriented, turnkey investment accounts with built-in diversification across asset allocation approaches and alternative investments.

GPS Solutions were introduced in May 2011 and have USD1.6bn in assets as of December 2012. The success of this product led the firm to create GPS Select Solutions to round out the Guided Portfolios offering.

“Increasingly, financial advisers using our platform are looking to us—based on our expertise, research and rigorous due diligence – to offer powerful, yet streamlined, investment solutions that reflect our diversification philosophy,” says Gurinder S Ahluwalia (pictured), president and chief executive officer of Genworth Wealth Management. “Advisers can build portfolios themselves by combining strategies from our purpose-built roster, and now they can use Guided Portfolios to serve greater numbers of clients and prospects.”

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by