Vestmark Teams with BlackRock to Enhance Custom Model Portfolio Offerings
Vestmark has announced a commercial partnership with BlackRock (NYSE: BLK) to enhance custom model portfolio solutions for registered investment advisors (RIAs). This collaboration combines Vestmark VAST's tax management capabilities with BlackRock's custom model portfolio construction expertise, offering personalized investment solutions at scale.
Key aspects of the partnership include:
- BlackRock will offer standard and RIA custom model portfolios through Vestmark's Manager Marketplace
- Vestmark's Unified Managed Account (UMA) platform integrates various investment strategies within a single custodian account
- Advisors will gain access to Vestmark VAST®, providing personalization and tax management at scale
- The collaboration aims to expand choice for RIAs seeking portfolio design solutions
Vestmark supports six of the ten largest managed account platforms, with $1.5 trillion in assets flowing through its platform and over 65,000 advisors having access to its model marketplace.
Vestmark ha annunciato una partnership commerciale con BlackRock (NYSE: BLK) per migliorare le soluzioni di portafoglio modello personalizzate per i consulenti di investimento registrati (RIA). Questa collaborazione unisce le capacità di gestione fiscale di Vestmark VAST con l'expertise di BlackRock nella costruzione di portafogli modello personalizzati, offrendo soluzioni di investimento personalizzate su larga scala.
Gli aspetti chiave della partnership includono:
- BlackRock offrirà portafogli modello standard e personalizzati per RIA attraverso il Marketplace dei Manager di Vestmark
- La piattaforma di Conto Gestito Unificato (UMA) di Vestmark integra varie strategie di investimento all'interno di un unico conto custode
- I consulenti avranno accesso a Vestmark VAST®, che fornisce personalizzazione e gestione fiscale su larga scala
- La collaborazione mira ad ampliare le scelte per i RIA in cerca di soluzioni per la progettazione del portafoglio
Vestmark supporta sei delle dieci maggiori piattaforme di conto gestito, con 1,5 trilioni di dollari di attivi che transitano attraverso la sua piattaforma e oltre 65.000 consulenti che hanno accesso al suo marketplace di modelli.
Vestmark ha anunciado una asociación comercial con BlackRock (NYSE: BLK) para mejorar las soluciones de portafolios modelo personalizados para asesores de inversión registrados (RIA). Esta colaboración combina las capacidades de gestión fiscal de Vestmark VAST con la experiencia de BlackRock en la construcción de portafolios modelo personalizados, ofreciendo soluciones de inversión personalizadas a gran escala.
Los aspectos clave de la asociación incluyen:
- BlackRock ofrecerá portafolios modelo estándar y personalizados para RIA a través del Marketplace de Gestores de Vestmark
- La plataforma de Cuenta Administrada Unificada (UMA) de Vestmark integra diversas estrategias de inversión dentro de una única cuenta de custodio
- Los asesores tendrán acceso a Vestmark VAST®, proporcionando personalización y gestión fiscal a gran escala
- La colaboración tiene como objetivo ampliar las opciones para los RIA que buscan soluciones de diseño de portafolio
Vestmark apoya seis de las diez mayores plataformas de cuentas administradas, con 1.5 billones de dólares en activos que fluyen a través de su plataforma y más de 65,000 asesores que tienen acceso a su mercado de modelos.
Vestmark는 등록 투자 고문(RIA)을 위한 맞춤형 모델 포트폴리오 솔루션을 강화하기 위해 BlackRock (NYSE: BLK)과 상업적 파트너십을 발표했습니다. 이 협력은 Vestmark VAST의 세금 관리 기능과 BlackRock의 맞춤형 모델 포트폴리오 구축 전문성을 결합하여 대규모 맞춤형 투자 솔루션을 제공합니다.
파트너십의 주요 사항은 다음과 같습니다:
- BlackRock은 Vestmark의 매니저 마켓플레이스를 통해 표준 및 RIA 맞춤형 모델 포트폴리오를 제공합니다
- Vestmark의 통합 관리 계좌(UMA) 플랫폼은 단일 수탁자 계좌 내에서 다양한 투자 전략을 통합합니다
- 자문가는 대규모 맞춤화 및 세금 관리를 제공하는 Vestmark VAST®에 액세스할 수 있습니다
- 협력은 포트폴리오 설계 솔루션을 찾는 RIA를 위한 선택권 확대를 목표로 합니다
Vestmark는 10개의 가장 큰 관리 계좌 플랫폼 중 6개를 지원하며, 1.5조 달러의 자산이 플랫폼을 통해 흐르고 있으며, 65,000명 이상의 자문자가 모델 마켓플레이스에 액세스하고 있습니다.
Vestmark a annoncé un partenariat commercial avec BlackRock (NYSE: BLK) pour améliorer les solutions de portefeuilles modèles personnalisés pour les conseillers en investissements enregistrés (RIA). Cette collaboration associe les capacités de gestion fiscale de Vestmark VAST à l'expertise de BlackRock dans la construction de portefeuilles modèles personnalisés, offrant des solutions d'investissement personnalisées à grande échelle.
Les aspects clés du partenariat incluent :
- BlackRock proposera des portefeuilles modèles standards et personnalisés pour RIA via le Marketplace des Gestionnaires de Vestmark
- La plateforme de Compte Géré Unifié (UMA) de Vestmark intègre diverses stratégies d'investissement au sein d'un seul compte de dépositaire
- Les conseillers auront accès à Vestmark VAST®, offrant personnalisation et gestion fiscale à grande échelle
- La collaboration vise à élargir le choix pour les RIA en quête de solutions de conception de portefeuille
Vestmark soutient six des dix plus grandes plateformes de comptes gérés, avec 1,5 billion de dollars d'actifs qui transitent par sa plateforme et plus de 65 000 conseillers ayant accès à son marché de modèles.
Vestmark hat eine kommerzielle Partnerschaft mit BlackRock (NYSE: BLK) angekündigt, um maßgeschneiderte Modellportfolios für registrierte Anlageberater (RIA) zu verbessern. Diese Zusammenarbeit kombiniert die Steuerverwaltungsfähigkeiten von Vestmark VAST mit der Expertise von BlackRock im Bereich der Erstellung von maßgeschneiderten Modellportfolios und bietet personalisierte Anlage-lösungen in großem Maßstab.
Wichtige Aspekte der Partnerschaft sind:
- BlackRock wird über den Manager Marketplace von Vestmark sowohl Standard- als auch RIA-Modellportfolios anbieten
- Die Unified Managed Account (UMA)-Plattform von Vestmark integriert verschiedene Anlagestrategien innerhalb eines einzigen Depotkontos
- Berater erhalten Zugang zu Vestmark VAST®, das Personalisierung und Steuerverwaltung in großem Maßstab bietet
- Die Zusammenarbeit zielt darauf ab, die Auswahl für RIAs, die nach Lösungen zur Portfolioerstellung suchen, zu erweitern
Vestmark unterstützt sechs der zehn größten verwalteten Kontenplattformen, mit 1,5 Billionen Dollar an Vermögenswerten, die durch ihre Plattform fließen, und über 65.000 Berater, die Zugang zu ihrem Modellmarktplatz haben.
- Partnership with industry leader BlackRock enhances Vestmark's market position
- Expansion of custom model portfolio offerings for RIAs
- Integration of advanced tax management capabilities with portfolio construction
- Access to Vestmark's platform for 65,000+ advisors
- $1.5 trillion in assets flowing through Vestmark's platform
- None.
Insights
This partnership between Vestmark and BlackRock represents a significant development in the wealth management technology space. By combining Vestmark's tax management capabilities with BlackRock's model portfolio construction expertise, the collaboration addresses a important need in the market for personalized, tax-efficient investment solutions at scale.
The integration of BlackRock's models into Vestmark's Manager Marketplace and UMA platform enhances the value proposition for both companies. For Vestmark, this partnership with the world's largest asset manager adds credibility and potentially increases adoption of their platform. For BlackRock, it expands distribution of their model portfolios and aligns with their strategy to provide more customized solutions to financial advisors.
The
While the immediate financial impact may be , this collaboration positions both companies favorably in the growing trend towards personalized, tax-efficient investment solutions in wealth management.
This partnership signifies a notable shift in the wealth management landscape, addressing the increasing demand for personalized, tax-efficient investment solutions. By combining BlackRock's extensive model portfolio capabilities with Vestmark's advanced tax management and UMA platform, financial advisors gain access to a powerful toolset for client portfolio construction.
The collaboration taps into several key trends in wealth management:
- Growing popularity of model portfolios
- Increasing focus on tax efficiency
- Demand for personalized investment solutions
- Shift towards unified managed accounts (UMAs)
For RIAs, this partnership offers enhanced flexibility in portfolio construction, potentially improving client outcomes and operational efficiency. The ability to seamlessly integrate various investment vehicles (mutual funds, ETFs, SMAs) within a single account structure is particularly valuable.
While the direct revenue impact for BlackRock may be modest initially, this move strengthens their position in the advisory channel and aligns with their strategy to provide more comprehensive solutions to financial advisors. For Vestmark, partnering with an industry leader like BlackRock could accelerate adoption of their platform and VAST solution.
Marks significant milestone for Vestmark's platform serving financial advisors
Through this partnership, BlackRock will offer its range of standard and RIA custom model portfolios, all managed and rebalanced, through Vestmark's Manager Marketplace. Vestmark's platform allows wealth managers to access and deploy a variety of investment strategies available.
An essential component of this partnership is Vestmark's Unified Managed Account (UMA) platform. This platform integrates the implementation of mutual funds, ETFs, equity separately managed accounts (SMAs), fixed-income SMAs, and alternatives within a single custodian account.
"Partnering with BlackRock underscores the trust and confidence that many of the industry's leading firms have in Vestmark's capabilities," said Karl Roessner, CEO of Vestmark. "This collaboration strengthens our position as a prominent solution that combines advanced portfolio management with tax management capabilities. We are excited to offer our unique UMA proposition to advisors, providing an innovative, sophisticated solution to help meet their clients' diverse needs."
The solutions resulting from this partnership will offer advisors access to a comprehensive suite of model portfolios. Wealth managers accessing BlackRock model portfolios will also gain access to Vestmark VAST®, an innovative solution providing personalization and tax management at scale. The collaboration with BlackRock reflects both companies' commitment to innovation and growth in the model portfolio business, a growing vehicle of choice for advisors.
"Collaborating with Vestmark allows us to continue expanding choice to RIAs who want our portfolio design solutions," said Eve Cout, Head of Portfolio Design & Solutions within BlackRock's
Vestmark supports six of the ten largest managed account platforms in the industry, with
About Vestmark
Headquartered in
Investment strategies that seek to enhance after-tax performance may be unable to fully realize strategic gains or harvest losses. There are limitations inherent in the use of an optimization methodology to manage accounts relative to a designated index; for instance, the optimization tools are not designed to account for current market conditions and any short-term market fluctuations. The optimization tools may seek to estimate individual tax circumstances but cannot incorporate all individual tax information, potentially leading to inaccuracies.
About BlackRock
BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate
Media Contacts
Elizabeth Shim
Haven Tower Group
(424) 317-4861
eshim@haventower.com
Reem Jazar
BlackRock
(646) 357-6135
reem.jazar@blackrock.com
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SOURCE Vestmark, Inc.
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