Unified Managed Account (UMA) Access to Crypto and Alternatives Earns SMArtX Industry Accolade
WEST PALM BEACH, Fla., Sept. 16, 2020 /PRNewswire/ — SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts technology and architect of the SMArtX turnkey asset management (TAMP) platform, was named the winner of a Wealthie Award in the Technology Providers – Alternative Investment Platform category in the 6th Annual WealthManagement.com Industry Awards.
Established in 2014, the WealthManagement.com Industry Awards program recognizes outstanding organizations and individuals that support financial success. The program has become an important source for learning more about products and services from the industry’s best-in-breed companies. This year’s Industry Awards set a near record-breaking number of nominations and companies, receiving 625 submissions from more than 200 companies.
“SMArtX is proud to recognized by WealthManagement.com as a leading technology provider in the industry,” said Evan Rapoport, CEO of SMArtX Advisory Solutions. “With client demands changing almost overnight due to the COVID-19 pandemic, our platform proved itself as the ideal solution to meet the challenge head-on. SMArtX satisfies the appetite for a full range of strategies, including traditional and non-traditional asset classes that can short and go all to cash to mitigate downside movements. All this gives our advisors a real, competitive advantage.”
SMArtX’s award, which comes at a time of increased market volatility due to the pandemic, acknowledges the rapidly increasing demand for diversified strategies among retail investors. SMArtX is the only TAMP to offer access to the IDX Crypto Opportunity Index, an actively traded index with direct exposure to the Grayscale Bitcoin trust as part of its total offering of over 600 strategies. SMArtX compliments its access to traditional strategies with over 75 direct indexes from firms like MSCI, Thomson/Reuters, NASDAQ, and FTSE/Russell, as well as over 30 long/short trading strategies in a real-time model delivery UMA structure. In each case, the investor owns the underlying securities directly in their own brokerage account.
“SMArtX has clearly differentiated itself in a highly competitive market with this award,” said Jon Pincus, President and COO of SMArtX Advisory Solutions. “One of SMArtX’s institutional priorities is to deliver the best advisor platform in the industry albeit one that is agile, scalable, and focuses relentlessly on innovating constantly and capturing strategic value for all stakeholders.”
SMArtX Advisory Solutions is the next generation managed accounts technology provider and manages SMArtX, a turnkey asset management platform and the only platform to seamlessly offer traditional, alternative, and passive direct index strategies in a unified managed account structure. The firm also uses its proprietary trading and managed accounts technology to power SS&C Advent’s integrated unified managed account solution. Learn more about SMArtX Advisory Solutions at www.smartxadvisory.com.
WealthManagement.com, an Informa business, provides everything wealth professionals need to know to stay knowledgeable about the industry, build stronger relationships, improve their practice, and grow their business—all from one site.
Informa PLC is a leading, international business to business information services Group, operating in over 30 countries. We create transaction-led exhibitions and content-based events, specialist data, intelligence and marketing services products, as well as scholarly research and specialist reference-led academic content. Our products and services help businesses and professionals connect, learn, do business and gain an edge over the competition. Informa is listed on the London Stock Exchange and is a member of the FTSE 100.
Unified Managed Accounts (UMAs) represent a significant advancement in investment management, allowing financial advisors to consolidate multiple investment strategies and asset classes into a single account. This approach simplifies the management process, enabling advisors to provide tailored solutions that meet the diverse needs of their clients.
With the increasing demand for personalized investment strategies, UMAs have become essential for advisors looking to enhance client satisfaction and retention. By integrating traditional, alternative, and passive strategies, UMAs offer a comprehensive investment solution that can adapt to changing market conditions and client preferences.
SMArtX Advisory Solutions stands out in the investment management landscape due to its innovative technology that enhances access to alternative investments. This technology empowers advisors to implement diversified strategies that were previously challenging to access, especially during volatile market conditions.
By leveraging advanced tools and a user-friendly platform, SMArtX enables financial professionals to seamlessly integrate alternative investments into their portfolios. This capability not only broadens the investment options available to clients but also positions advisors to capitalize on emerging market trends and opportunities.
The investment landscape is continually evolving, influenced by various market trends such as increased volatility, changing investor preferences, and advancements in technology. Understanding these trends is crucial for financial advisors to develop effective investment strategies that align with client goals.
For instance, the recent surge in demand for alternative investments indicates a shift towards more diversified portfolios. Advisors who stay informed about these trends can better serve their clients by offering innovative solutions that mitigate risks and enhance potential returns in a fluctuating market.
At the core of SMArtX Advisory Solutions is a client-centric approach that prioritizes the needs and preferences of financial advisors and their clients. This philosophy drives the development of their advanced technology platform, ensuring that it remains agile and responsive to the evolving demands of the investment management industry.
By focusing on delivering value to stakeholders, SMArtX not only enhances the advisor experience but also fosters stronger relationships between advisors and their clients. This commitment to client service is a key factor in the company's recognition and success within the competitive landscape of financial technology.