Home - DEV - SMArtX Advisory Solutions

The new tool represents SMArtX’s commitment to pioneering a new era in managed account administration with advanced automation and customization.

WEST PALM BEACH, Fla.—July 9, 2024—SMArtX Advisory Solutions (“SMArtX”), a leading innovator in managed accounts technology, today announces the launch of its SMArtX Transition Analysis Tool. This innovative solution empowers financial advisors to seamlessly migrate client accounts to new investment models while controlling tax impact, setting a new benchmark in portfolio transition efficiency.

Transforming Advisor Workflows

The SMArtX Transition Analysis Tool is engineered to streamline the intricate and often time-consuming process of transitioning portfolios to new investments. By harnessing powerful automation and customization capabilities, the tool eliminates manual calculations and simplifies complex processes, enabling advisors to focus on delivering superior client service and strategic business growth.

“Our goal with the Transition Analysis Tool is to support the modern advisor who seeks to enhance their clients’ financial well-being while scaling their business,” said Jonathan Pincus, CEO of SMArtX. “By leveraging automation and seamless integration, we aim to alleviate operational burdens, allowing advisors to maximize their talents.”

Created to reduce advisors’ workloads, enhance client engagement, and improve client satisfaction, the new SMArtX Transition Analysis Tool transforms traditionally burdensome processes that have historically prevented advisors from achieving optimal efficiency and investment excellence.

Key Features and Benefits

Intended to address growing demand for personalized investing and tax efficiency, the SMArtX Transition Analysis Tool offers a suite of robust features designed to help advisors to deliver vigilant investment recommendations:

Instant Overlap Analysis: Automatically compares clients’ current holdings against new investment models, identifying opportunities to leverage existing positions and reduce unnecessary selling.
Customizable Tax-Budget Scenarios: Allows advisors to align and customize tax budgets with specific financial goals, generating custom scenarios within the defined tax budget.
Automated Tax-Aware Selling: Facilitates the automatic liquidation of legacy positions within specified tax parameters.

Alex Thompson, Chief Product Officer at SMArtX, remarked, “Our mission is to equip advisors with the next-gen tools needed to excel in investment management and better serve their clients.”

The SMArtX Transition Analysis Tool is now available on the SMArtX platform. Advisors are invited to request a personalized demo to explore how this innovative tool can transform their practice.

About SMArtX Advisory Solutions

SMArtX Advisory Solutions is an award-winning managed accounts technology provider and manages SMArtX, a turnkey asset management platform (‘TAMP’). SMArtX’s API-first, cloud-native technology operates within a modular, microservices architecture, providing clients with a tailored solution catered to their unique specifications. SMArtX is available as an off-the-shelf TAMP for advisors seeking a wider selection of investment products and ease of use while automating the investment processes and simplifying the everyday tasks of managing client accounts. SMArtX also licenses its proprietary technology to enterprise firms looking to create, customize, or upgrade their existing managed accounts technology as a standalone or fully integrated solution. SMArtX is the managed account technology and TAMP platform of choice for multiple RIAs, broker-dealers, asset managers, custodians, and fintech firms. Learn more at www.smartxadvisory.com.

SMArtX does not provide tax advice and the SMArtX portfolio tax transition tool is not a substitute for tailored tax advisory services. Clients are advised to seek tax advice from an independent licensed tax professional.

Media Contact

Tina Powell

Intention.ly on behalf of SMArtX

SMArtX@growintentionally.com

201-212-0072

Understanding the Transition Analysis Tool

The SMArtX Transition Analysis Tool is designed specifically for financial advisors to streamline the client account migration process. By automating various aspects of the transition, the tool significantly reduces the time and effort advisors need to invest, allowing them to focus more on client relationships and strategic planning.

This innovative tool not only simplifies the logistics of transitioning accounts but also incorporates features that enhance tax efficiency. For instance, it provides real-time analytics and recommendations tailored to each client's situation, ensuring that advisors can make informed decisions that benefit their clients financially during transitions.

Impact on Client Engagement and Satisfaction

One of the primary goals of the SMArtX Transition Analysis Tool is to enhance client engagement and satisfaction. By reducing the burdensome aspects of account transitions, advisors can dedicate more time to personal interactions with their clients, fostering stronger relationships and trust.

Moreover, the tool's ability to provide tailored insights and recommendations helps advisors communicate more effectively with clients about their investment strategies. This proactive approach not only improves the overall client experience but also positions advisors as trusted partners in their clients' financial journeys.

Integration with Existing Systems

The SMArtX Transition Analysis Tool is built with an API-first approach, allowing for seamless integration with existing financial systems used by advisors. This compatibility ensures that advisors can incorporate the tool into their workflows without the need for extensive retraining or adjustments to their current processes.

By leveraging a modular, cloud-native architecture, the tool can adapt to various platforms, making it a versatile solution for financial professionals. This integration capability not only enhances operational efficiency but also supports a smoother transition for clients, as all relevant data can be accessed and managed from a single interface.

Future Developments and Innovations

SMArtX Advisory Solutions is committed to continuous innovation in managed account technology. The launch of the Transition Analysis Tool is just one of many advancements aimed at improving the advisor-client relationship and operational efficiency.

Looking ahead, SMArtX plans to introduce additional features that will further enhance the tool's capabilities, such as advanced predictive analytics and customizable reporting options. These developments will empower advisors to anticipate client needs and tailor their services even more effectively, reinforcing SMArtX’s position as a leader in the industry.