The acquisition puts Orion further along in what appears to be a plan to compete head-to-head with Envestnet and may challenge Riskalyze as well.
Target date products for fund sponsors are the biggest factor in a 20% leap in AUA over the past year, with Nuveen and others jumping at the chance.
Recruiting staff from JPM, UBS and elsewhere validates the firm's aggressive post-COVID competitive posture, especially when it comes to advisor M&A.
Enhanced client portal features a detailed cash flow report and advanced estate and legacy planning tools that let UHNW clients check their trusts.