The continued growth in options for wealth managers underscores the company’s focus on providing more choice to the advisors it serves
HAMILTON, NJ, September 8, 2021 / PRNewswire / – CircleBlack, a unified wealth management platform, has partnered with State Street Global Advisors (SSGA) and Smartleaf Asset Management (SAM) to provide advisors with access to a range of new low-cost growth strategies through their wealth management platform.
The additional Model Portfolios available through CircleBlack’s Model Marketplace include:
Advisors have access to a range of low-cost model portfolios from State Street, an index pioneer who launched the first US ETF and built a universe of active and index strategies for all asset classes.
These portfolios include the Strategic Asset Allocation ETF Portfolios, six model portfolios built on the basis of risk tolerance to gain market exposure in both the equity and bond markets.
Other portfolios include the Active Asset Allocation ETF portfolios, which focus on outperforming benchmarks over a full market cycle, and tax-sensitive ETF portfolios that take advantage of the potential tax benefits of municipal bonds while diversifying globally.
Each State Street ETF model portfolio is designed, built and managed by the Investment Solutions Group, which manages funds for central banks, pension funds, sovereign wealth funds, foundations and other large institutions.
Through SAM, advisors have access to Smartleaf S&P 500 strategies, including; Smartleaf Core Model-S70 (SCM-S70) and Smartleaf Core Model-S150 (SCM-S150).
The new offerings complement the portfolio of asset managers already available on CircleBlack’s Model Marketplace, including (but not limited to) Blackrock, Goldman Sachs, PIMCO and Wisdom Tree.
“We know that advisors need a diverse range of model portfolios to serve their clients as they become more focused on financial planning and wellness,” said Alex Sauickie, President and CEO of CircleBlack.
“While other advisor platforms are just beginning to introduce advisor availability models, CircleBlack has been supporting models for years and reaching out to 20 asset managers to offer a wide range of cost-effective, globally diversifying and tax-sensitive strategies as we expand -Tools, rebalancing functions and platform integrations. “
CircleBlack, Inc. provides financial advisors with technology that aggregates data, seamlessly integrates other financial applications, manages data from multiple custodians, and provides actionable information about client portfolios. CircleBlack offers a leading platform for the digital age with a web-based and mobile application that can be taken anywhere and accessed anytime. CircleBlack’s solution leverages proprietary technology that helps secure the company’s unique competitive advantage. CircleBlack believes in improving wealth management for both the investor and the advisor. For more information on CircleBlack, please visit https://www.circleblack.com.
Zach Allegretti, JConnelly
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