A strategic partnership between a global investment management firm and a provider of wealth management software and services aims to transform the RIA channel.
Invesco and Vestmark Tuesday announced that registered investment advisors who use new and existing Invesco models will benefit from the personalization and tax management capabilities of Vestmark VAST.
The software solution enables financial advisors to create personalized and tax-optimized portfolios at scale and aligned to each client’s individual circumstances. Additionally, it enables the tax-efficient transition of legacy positions from other accounts or firms.
Invesco’s custom model portfolios provide clients with cost-effective multi-asset solutions and diversification across investment managers and factors.
“This partnership marks a significant step toward providing RIAs with innovative portfolio solutions, combining Invesco's investment experience with Vestmark's breakthrough tax transition and tax management service, VAST,” said Karl Roessner, chief executive at Vestmark. “We are confident that this strategic partnership will be a game-changer in the RIA channel.”
Pew survey reveals slight majority consensus on tax rates, but views splinter based on political alignment and income levels.
While the Federal Reserve's decision to hold interest rates steady in March was widely expected, it's the reactions from financial professionals that provide a more nuanced picture of the central bank's approach.
The pioneering member of Canada's Maple Eight is stepping back from its go-it-alone private equity approach as a drought in deals and Trump's trade war prompt a rethink.
The firms' latest additions in Florida and Nevada come as a strategic change at UBS raises risk of advisor defections.
The new program offers opportunities and events structured for rookies, next-gen advisor leaders, and soon-to-exit veterans.
In an industry of broad solutions, firms like intelliflo prove 'you just need tools that play well together'
Blue Vault Alts Summit highlights the role of liquidity-focused funds in reshaping advisor strategies
