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The Wealth Advisor

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The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

GeoWealth Powers Goldman Sachs Asset Management UMA

Goldman Sachs Asset Management has announced an agreement with financial technology firm GeoWealth to offer investment solutions tailored to help Registered Investment Advisors (RIAs) better serve the complex investing needs of high net worth (HNW) investors. RIAs will be able to offer a total portfolio solution personalized at scale for each investor. This innovative solution will be implemented in single accounts using GeoWealth’s unified managed account (UMA) platform.

Envestnet Launches Customizable Options Strategy, Helping Investors Harvest the Volatility Risk Premium and Mitigate the Risk of Concentrated Stock Positions

Envestnet, a leading provider of integrated technology, data intelligence and wealth solutions—and also one of the largest direct index separately managed account providers—has launched an Options Strategy Quantitative Portfolio (QP) to address the market volatility, tax risk, and liquidity risk associated with concentrated stock positions, and to help advisors and their clients unwind these positions.