Wealthspire Advisors, the more than $10 billion registered investment advisory firm created through the merger of Sontag Advisory and Bronfman Rothschild late last year, has rolled out Outsourced CIO services to outside RIAs, particularly smaller advisors seeking customized investment services. It includes due diligence, investment product selection and other forms of case support.
Advisors who sign up for the service will receive customized research support as well as updated model portfolios, capital market assumptions, manager due diligence and case support for large clients and prospects. Advisors will also have access to the investment team members, commentaries, reports and other market content.
“In an environment that is constantly increasing in complexity and risk, the speed and agility to respond to markets is critical,” said Wealthspire Chief Investment Officer Michael Moriarty. “Our Outsourced CIO solution offers RIAs the ability to maintain investment autonomy as part of their value proposition. Rather than a subscription-based service that is one-size-fits-all, we build a customized relationship with firms to create the deliverables they need most, freeing up their time to engage with current and future clients on the more personal side of investing.”
In November, Wealthspire launched a digital wealth management platform that couples an automated investment management platform, powered by Schwab, with access to a Certified Financial Planner.
Wealthspire is owned by NFP.
