Bringing you live news and features since 2006 

Orion Advisor Services delivers portfolio accounting solutions to Gradient Investments


Orion Advisor Services has delivered a suite of integrated portfolio accounting solutions to Gradient Investments, an independent SEC registered investment adviser serving independent RIAs throughout the US.

The partnership has helped position the firm for accelerated growth in 2013 and into 2014, with assets under management (AUM) that are on pace to grow by more than 50 per cent from 2012.
Gradient provides fee-only professional money management services, serving individuals, employer-sponsored pension plans, foundations, endowments and corporations through exchange traded funds (ETF), options, equities and separately managed accounts.
The firm had USD50m AUM in 2010, when it brought on Orion's portfolio accounting and rebalancing solutions for performance reporting, trading, fee billing and coding. With support from Orion's account integration capabilities, Gradient experienced growth from USD282m at the end of Q4 2012 to USD430m AUM year to date.
"Orion's suite of scalable back-office solutions has been instrumental to our growth, helping us to move from 50 client accounts funded or opened on average per month in 2010 to 430 accounts opened or funded per month in 2013," says Nathan Lucius, managing director, Gradient Investments. "Orion's technology liberates our investment professionals to focus on portfolio construction and on supporting our network of independent advisors with active portfolio solutions."
Gradient initially turned to Orion to provide a customised portal with performance reporting capabilities that could be branded to the firm's affiliated advisors. Trading, fee billing and coding functions were added, allowing Gradient to centralise its rebalancing strategies across multiple custodians. Once the data is in the system, it can be used to output risk scores, which can then be linked to a model portfolio, custodial paperwork, investment advisor agreements, investment policy statements, and more.
"Gradient's rapid growth reflects the company's holistic commitment to understanding its clients and offering highly personalised investment solutions," says Eric Clarke, president and CEO of Orion. "The back-office support we provide ensures that Gradient's advisors have access to the resources and services they need to provide the best possible financial solutions."

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
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