IN THE NEWS

Articles and Press Releases

SMArtX Appoints Industry Veteran to Serve as New President and COO

May 12, 2020 - West Palm Beach, FL: SMArtX Advisory Solutions (“SMArtX”), a leading provider of managed accounts technology and operator of the SMArtX turnkey asset management platform (‘TAMP’), today announced the addition of Jonathan Pincus as SMArtX’s new President and Chief Operating Officer. Jonathan joins SMArtX from Northern Trust where he most recently held the position of SVP, Global Head of Investment Operations for their Asset Management division.  Additionally,  Jonathan...

After riding Black Diamond’s coattails from near zero to $2 billion of AUM, SMArtX raises $4 million to compete as a ‘Vestmark’-model firm

The Jacksonville RIA software firm gave the Palm Beach, Fla. fund manager a shot at the fast-track that worked -- but now the three-year contract is almost up Black Diamond and SMArtX needed each other in 2017. They signed an exclusive contract and... BOOM! The market-leading Jacksonville-based performance software giant could compete with TAMPs and the once little-known West Palm Beach, Fla. managed accounts provider got known. Yet with that deal set to expire in 2020, the two semi-siloed...

SMArtX Announces Total Portfolio Solutions Suite of Managed Accounts

March 4, 2020 - West Palm Beach, FL: SMArtX Advisory Solutions (“SMArtX”), a leading provider of managed accounts technology and operator of the SMArtX turnkey asset management platform (‘TAMP’), today announced the launch of its Total Portfolio Solutions program, a collection of pre-built unified managed accounts (‘UMAs’) composed from a subset of the 600 investment strategies available on the SMArtX TAMP. The program provides access to institutional caliber portfolio construction that...

SMArtX Advisory Solutions Announces Closing of Venture Financing Round

February 20, 2020 - West Palm Beach, FL: SMArtX Advisory Solutions (“SMArtX”), a leader in managed accounts technology and turnkey asset management platforms (TAMPs), today announced the closing of its venture financing round of $4 million in equity. The financing was led by ManchesterStory Group, a leading early to growth stage venture capital firm focused on FinTech, InsurTech and Healthcare, as well as existing investors including IA Capital Groups. With this round of funding, SMArtX will...

The super-TAMP ‘OCIO’ category suddenly, finally looks mortal in 2019, says Cerulli report, but modest reinvention and price cuts could give it a new run

The outsourced chief investment officer industry exploded to almost $2 trillion globally and $1.4 trillion in the US, by striking a balance between TAMPs and consultants that propelled 20% growth without much fee pressure, the Boston consultant shows. For the past few years, "outsourced chief investment officers" were the category of advice that defied gravity, but 2020 may be the year they come back to earth, according to a new report from Cerulli Associates. The Boston-based consultancy...

FolioBeyond and S-Network Launch New Fixed Income Index Model on SMArtX

NEW YORK, Dec. 11, 2019 /PRNewswire/ -- FolioBeyond and S-Network Global Indexes have partnered on a new Fixed Income index that is now available for direct investment on the Turnkey Asset Management Platform (TAMP) of SMArtX Advisory Solutions. The S-Network FolioBeyond Optimized Fixed Income Index is comprised of best-of-breed Fixed Income Exchange Traded Funds ("ETFs") representing 23 discrete sub-sectors spanning most liquid Fixed Income market sectors further defined by credit risk and...

Victims Galore – CEO, Evan Rapoport, cites “Schwab basically just destroyed Robinhood’s entire business model”. Change comes as a result of consumer demand–likely to repeat…with direct indexing. Rapoport predicts that the first levee to break will be the launch of a retail-focused direct indexing product.

Charles Schwab & Co. brings 'start-up'-style disruption to the $20 trillion mutual fund industry by zeroing out free fractional-share trade ticket charges 'We are on the offense at Schwab,' says San Francisco-based CEO Walt Bettinger, who may be leaving his own firm's margins undefended as he hands free fractional shares to friction-free blaze of disruption. Charles Schwab & Co.'s zero commissions move on whole shares was a tap on the shoulder. Now it's delivering the real et tu blow...