Vestmark Selected to Support Vanguard Custom Model Portfolios for RIAs
Collaboration combines Vanguard’s investment expertise with Vestmark’s portfolio-management, trading and tax-management infrastructure
Vestmark, Inc., a leading provider of wealth management technology and services, today announced that it has been selected by Vanguard to support Vanguard Custom Model Portfolios for registered investment advisors. Through the collaboration, Vestmark will provide trading, tax-management and advisor-service capabilities designed to help wealth managers deliver more personalized portfolios efficiently and at scale.
Vanguard Custom Model Portfolios allow advisors to modify select Vanguard multi-asset and single-asset-class models to reflect client preferences related to investment products, asset classes and management styles while retaining Vanguard’s disciplined investment approach and low costs.
Vestmark’s solution supports open-architecture portfolios that may bring together mutual funds, exchange-traded funds, separately managed accounts, direct indexing and alternative investments within a unified managed account. Vestmark provides the trading, rebalancing, tax-aware portfolio transitions, and ongoing tax management needed to implement and manage these portfolios at scale.
