SmartX Announces the Addition of BlackRock, Morningstar Investment Management, and Nasdaq Dorsey Wright
HedgeCoVest is now SmartX Advisory Solutions
WEST PALM BEACH, Fla., Sept. 7, 2017 /PRNewswire/ -- SmartX Advisory Solutions, a leading technology firm formerly known as HedgeCoVest, today announced the addition of twenty-seven investment strategies to its managed accounts platform, including models offered by Blackrock, Morningstar Investment Management, and Nasdaq Dorsey Wright.
The new investment models encompass a broad range of strategies including ETF strategists, income portfolios, international equities, global/macro strategies, and US equity strategies differentiated by market capitalization.
"Turnkey asset management platforms continue to grow year-over-year as unified managed accounts become more popular. That is why even the largest asset management firms are logically looking to platforms like ours for increased distribution," said Evan Rapoport, CEO of SmartX Advisory Solutions. "Our alliance partnership with SS&C Advent creates a massive opportunity for managers to reach a considerable number of wealth advisors that are searching for these types of strategies via a UMA structure."
The firm changed its name to SmartX Advisory Solutions to accurately reflect the platform's transition from a focused alternative investments solution to a fully functional turnkey asset management platform providing access to hundreds of traditional, alternative, and index strategies. In addition, SmartX Advisory Solutions expanded its Advisor as a PM, rebalancer, drift management, and hosted client on-boarding features to complete its comprehensive end-to-end wealth management solution.
"As new technology continues to disrupt the wealth management industry, SmartX Advisory Solutions aims to empower advisors with a streamlined investment management process to better serve their clients and operate in today's competitive marketplace," said Mr. Rapoport.
About SmartX Advisory Solutions (www.smartxadvisory.com)
SmartX Advisory Solutions is the next generation turnkey asset management platform and the only platform to seamlessly offer traditional, alternative, and passive index investment strategies in a unified managed account structure. The firm also uses its proprietary trading and managed accounts technology to power SmartX, SS&C Advent's integrated unified managed account solution. For more information, visit www.smartx.us
Morningstar Investment Management LLC is a registered investment adviser and subsidiary of Morningstar, Inc.
Media Contact:
Alex Smith-Ryland
[email protected]
561.578.4439
SOURCE SmartX Advisory Solutions
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