Technology is changing portfolio rebalancing by automating formerly manual processes. The payoff is enormous: rebalancing automation enables wealth managers to do more for less all at a lower cost. But what does it look like to redesign the portfolio management process?
It all starts with direct indexes replacing ETFs and mutual funds, but, like falling dominoes, each change leads to another: the rise of outsourcing, the rise of total outsourcing, the rise of customization and tax management, and a change in the role of the advisor.
We put together eight questions drawn from our clients’ experiences that highlight what you could accomplish. The focus is not on features and functions, but on capabilities -- what rebalancing automation allows you to do that perhaps you can’t do now.
SAM (Smartleaf Asset Management LLC) announces the launch of its automated subadvisory rebalancing service, which leverages the pioneering automated rebalancing platform of its parent company, Smartleaf, Inc.
Ben McMillan of IDX Insights & Leigh Eichel of Alpha Vee recently joined me for a webinar on direct indexing. We answered questions, such as: What is a direct index? What are they becoming popular? What are the advantages of direct indexes relative to ETFs and mutual funds?
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