The US’s SMArtX Advisory Solutions has launched 56 new strategies in July, bringing the total number of broadly available strategies on its platform to 832.
Today’s announcement comes on the heels of a year of growth for SMArtX — marking an all-time high in assets under management of USD16.5 billion, an increase of 864 per cent over the trailing 12 months — and the recent launch of its proprietary outsourced chief investment officer (‘OCIO’) ETF Target Allocation Strategies.
Investment strategies have been added by platform newcomers Ballast Equity, Crosspoint Capital Management, Frontier Asset Management, Lyons Wealth Management, McElhenny Sheffield Capital Management, and SMArtX Advisory Solutions, joining additional strategies from existing investment management firms Henry James International Management, Krane Funds Advisors, Lazard Asset Management, Stringer Asset Management, T. Rowe Price Associates, Inc., and Toews Corporation.
These new offerings are designed to enable independent financial advisers and firms to access a wide range of strategies across international and emerging markets, target allocation models, tactical strategies, and sector exposures in one easily run unified managed account (UMA).
Additionally, SMArtX’s turnkey asset management platform provides a cloud-based solution to construct and administer dynamic model portfolios while maximising tax efficiency through its built-in tax lot harvester tool.
“We are excited to a reach a brand-new milestone in terms of AUM and the number of strategies available on the SMArtX platform,” says Evan Rapoport, CEO of SMArtX Advisory Solutions. “Onboarding these well-respected names, attracting the best advisors on the planet, and surpassing our goals gives us reason to believe SMArtX’s TAMP is hands down, the best outsourced solution on the market.”
