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.”
Former Northwestern Mutual advisors join firm for independence.
Executives from LPL Financial, Cresset Partners hired for key roles.
Geopolitical tension has been managed well by the markets.
December cut is still a possiblity.
Canada, China among nations to react to president-elect's comments.
Streamline your outreach with Aidentified's AI-driven solutions
This season’s market volatility: Positioning for rate relief, income growth and the AI rebound
