Summary

Flyer Financial Technologies: transforming portfolio management and trading with end-to-end trade lifecycle automation and scalable connectivity

Flyer Financial Technologies, founded in 2004 and headquartered in New York, builds cloud-native infrastructure for wealth managers, broker-dealers, TAMPs, and RIAs. Its Co-Pilot platform unifies order management, portfolio management, and API connectivity into one system. Co-Pilot currently serves over 1,800 investment managers across more than 350 firms, processes over 47 million trades per month, and maintains more than 3,400 connections through the Flyer Trading Network.

What is Flyer Financial Technologies' Co-Pilot platform and who is it designed for?

Co-Pilot is a cloud-native platform built for wealth managers and broker-dealers managing multi-asset portfolios at scale. It combines order management, portfolio rebalancing, and trade compliance into one connected system, replacing the fragmented tools many firms rely on today. The platform supports equities, ETFs, mutual funds, fixed income, alternatives, and single- and multi-leg options across individual accounts, households, and unified managed accounts. Flyer positions the platform as "your command center for modern portfolio management," designed so firms can grow their business without adding headcount to keep pace with operational volume.

How does Co-Pilot's trade lifecycle automation handle order generation through post-trade settlement?

Co-Pilot's Order Management Solution covers every stage of the trade lifecycle: upload, block, route, allocate, and deliver. Pre-trade controls and trade blocking reduce execution errors before orders leave the system. Orders then route through the Flyer Trading Network, which connects to over 150 custodians, broker-dealers, and other destinations. Post-trade, the platform auto-allocates to custodians and brokers and integrates with Omgeo CTM and DTCC. Flyer describes the objective as helping firms "automate the entire trade lifecycle with audit-ready precision," cutting the manual work that slows operations when markets move fast.

What portfolio management tools does Co-Pilot provide for advisors and traders?

Co-Pilot's Portfolio Management Solution centralizes order generation, rebalancing, and UMA sleeve management in one place. Positions sync daily with custodians and update in real time as trades execute and cash balances change throughout the day. The platform includes user-configurable dashboards, model management, and group rebalancing tools. For Rep-as-PM programs and managed account platforms, UMA sleeve-level governance gives teams the flexibility to run their own investment strategies. Automated tax-lot-sensitive trading, cash handling, and a cash sweep to money market are also built in, so teams are not stitching together spreadsheets to keep books clean. Flyer positions this as the system "that grows with your firm."

How does Co-Pilot automate tax-loss harvesting and pre-trade compliance monitoring?

Tax-loss harvesting runs automatically inside Co-Pilot's Portfolio Management Solution alongside smart rebalancing with equivalents, helping clients extract more value from their investment advice without manual intervention. Compliance is applied at the pre-trade stage rather than after execution: a rules-based engine draws on pre-built or custom rule libraries and generates a full audit trail for every decision made. Post-trade compliance monitoring is also integrated, so costly errors that typically surface only during end-of-day reconciliation are caught earlier. Flyer builds its compliance layer so that checks run alongside execution without slowing order flow, which matters most in fast-moving market conditions.

Which custodians and wealth platforms does Flyer's Co-Pilot connect with?

Co-Pilot integrates with a broad range of custodians, wealth platforms, and technology providers. Named integrations include Morningstar, Orion, Envestnet, UBS, Tamarac, SmartX, Pershing, Charles Schwab, Nitrogen, Archer, Advyzon, Clearwater Analytics, Telement, Intelliflo, and d1g1t. The Flyer Trading Network extends connectivity further, with over 3,400 active connections across more than 150 custodians and broker-dealers. For firms managing multiple custodial relationships, Co-Pilot's intraday book of record maintains real-time position data, tax lots, and cash balances across all connected accounts simultaneously. Flyer describes this connectivity breadth as giving clients "instant access to the markets and partners they need from day one."

How does Co-Pilot's fixed income functionality reduce the need for separate systems?

Fixed income is built directly into Co-Pilot rather than handled through a bolt-on module or a separate platform. Advisors can view inventory and build fixed income portfolios inside the same system they use for equities and ETFs, removing the workflow friction of toggling between disconnected tools. The OMS supports fully integrated FIX electronic trading, algorithmic trading, and trade-away processing within a single audit-ready interface. For firms expanding into fixed income alongside existing equity strategies, this removes one of the most common sources of operational drag. Flyer's approach means a single system covers the full multi-asset book rather than requiring separate reconciliation runs for each asset class.

How large is Flyer's platform and what does that scale mean for a firm joining Co-Pilot today?

Flyer processes over 47 million trades per month across more than 350 Co-Pilot firms and over 1,800 investment managers, TAMPs, custodians, and RIAs. The Flyer Trading Network supports more than 3,400 connections, so new clients gain immediate access to execution venues without integration backlogs or build queues. The platform runs on a secure, fully redundant cloud infrastructure, so firms are not constrained by the capacity limits of legacy systems as their book grows. Flyer also provides a trade simulator and sandbox testing environment, letting new clients test the full trade lifecycle before going live and reducing deployment risk at the point of onboarding.

Featured experts

  • Brian Ross: chief executive officer, Flyer Financial Technologies.
  • Jaymin Patel: chief operating officer, Flyer Financial Technologies.
  • Brad Kellogg: chief financial officer, Flyer Financial Technologies.
  • Randy Prager: chief technology officer, Flyer Financial Technologies.
  • Alex Trianine: head of sales, Flyer Financial Technologies.
  • Tirdad Shojaie: head of platform strategy, Flyer Financial Technologies.
  • Rusty Sommer, CAIA, CTFA: head of partnerships and marketing, Flyer Financial Technologies.
  • Michelle Garrett: head of client strategy, Flyer Financial Technologies.