Home - DEV - SMArtX Advisory Solutions

SMArtX Billing Continues to Expand as Billed Assets Approach $10 Billion

WEST PALM BEACH, Fla., February 7, 2023 — SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform (‘TAMP’), announced it has added five strategies offered by four asset management firms to its platform, bringing the total to 1,106 strategists from 282 of the world’s leading asset managers. Dearborn Partners and Ativo Capital Management are new to SMArtX, while Matrix Asset Advisors, Inc. and Kensington Analytics, LLC, each added new strategies to their existing presence on the platform.

Ativo Capital Management is now supplying its International ADR select strategy, which focuses on the developed and emerging markets ex US, and Dearborn Partners added two strategies designed to reduce vulnerability by investing in firms in strong financial condition with little or no debt. Matrix Asset Advisors added a large cap value equity strategy and Kensington Analytics added a strategy with exposure multiple market segments.

The full list of new strategies includes:

Ativo Capital Management
- International ADR Select
Dearborn Partners
- Core Rising Dividend
- High & Rising Dividend
Kensington Analytics, LLC
- Active Advantage
Matrix Asset Advisors, Inc.
- Large Cap Value

“SMArtX is excited to add Ativo Capital Management and Dearborn Partners to our UMA platform,” said Evan Rapoport, Founder and CEO of SMArtX Advisory Solutions. “In addition to the expansion of the model marketplace, SMArtX is continuing to see high demand for our billing application, which is providing new levels of flexibility and control while helping firms find lost revenue from inaccurately billed accounts.”

SMArtX’s continued growth is driven by two main applications of its technology: the off-the-shelf TAMP offering, which is built using SMArtX Advisory Solutions’ proprietary UMA technology, and the ability to further deploy that tailored UMA technology through APIs to meet the mandates of large enterprises, RIA platforms, and hybrid broker-dealers.

“The SMArtX billing application is setting a new precedent in functionality that is helping firms to manage their billing cycle more efficiently and accurately,” said Jonathan Pincus, President and COO of SMArtX. “The ability to automate and control the process from the firm level down to the individual sleeve is not only helping revenue drop to the bottom line but freeing up resources to focus on other value-add services.”

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, micro-services architecture, providing clients a tailored solution catered to their unique specifications. SMArtX is available as an off-the-shelf TAMP for advisors seeking wider selection of investment product 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, and asset managers. Learn more at www.smartxadvisory.com

New Strategies Added to the SMArtX Platform

SMArtX Advisory Solutions has recently enhanced its UMA platform by incorporating five new investment strategies from four distinguished asset management firms. This addition reflects the company's commitment to providing diverse investment options to its users, catering to varying client needs and preferences.

The newly introduced strategies include Ativo Capital Management's International ADR Select and Dearborn Partners' Core Rising Dividend, among others. These offerings enrich the platform's capabilities, allowing financial advisors and their clients to access a broader array of investment opportunities, thereby improving portfolio performance and customization.

Impact of New Partnerships on SMArtX's Growth

The addition of Dearborn Partners and Ativo Capital Management signifies a strategic move for SMArtX Advisory Solutions, aiming to bolster its market position in the competitive asset management landscape. These partnerships not only enhance the platform's strategy offerings but also attract a wider range of investors seeking innovative investment solutions.

With these new collaborations, SMArtX is poised for continued growth, as the platform can now provide enhanced services and options to its users. This growth is further supported by the increasing demand for their billing application, which offers firms improved flexibility and control over their managed accounts.

Technological Innovations Driving SMArtX's Success

SMArtX Advisory Solutions leverages cutting-edge technology to optimize its UMA platform, ensuring that investment firms can efficiently manage their portfolios. The proprietary UMA technology serves as the backbone of the SMArtX turnkey asset management platform, enabling seamless integration and deployment across various financial services.

This technological prowess allows SMArtX to cater to the needs of large enterprises, RIA platforms, and hybrid broker-dealers. By offering tailored solutions through APIs, SMArtX enhances operational efficiency and empowers firms to meet specific mandates, further solidifying its position as a leader in the asset management technology space.

Future Outlook for SMArtX Advisory Solutions

As SMArtX Advisory Solutions continues to expand its platform and partnerships, the future looks promising for both the company and its clients. With a focus on innovation and responsiveness to market demands, SMArtX is well-positioned to adapt to evolving industry trends and client needs.

The ongoing development of new strategies and enhancements to existing services will likely attract more investment firms to the platform. This strategic growth approach not only benefits SMArtX but also provides clients with a robust and versatile investment management solution that can evolve with their financial goals.