CacheTech Advisor Solutions isn’t building scale for its own sake; it’s creating meaningful relationships with independent advisors and delivering the tools to help their businesses grow sustainably. In an increasingly consolidated industry, CacheTech stands apart by combining institutional-grade technology with a service-first, advisor-centric model designed to preserve autonomy and deepen client relationships.
In an interview with The Wealth Advisor’s Scott Martin, Cormac Murphy, CEO and CIO at CacheTech, discussed why the firm prioritizes long-term partnerships over rapid expansion, and how its origins within an RIA shape its approach to technology, service, and support.
Designed to Support, Not Standardize
CacheTech is structured to solve operational headaches, but its mission goes far beyond that. The firm blends the back-office efficiency expected of a TAMP with the flexibility and insight of an in-house CIO. “We want to know our RIA clients,” Murphy says. “We want to know their business and their aspirations, and we want to work with them to let them execute on that vision.”
By centralizing key functions—trading, investment management, compliance, billing, CRM, and client engagement—on a proprietary platform, CacheTech gives advisors more control and visibility into their operations without requiring extra work. The firm’s OCIO approach means the CacheTech team is hands-on, responsive, and ready to help tailor the platform around each RIA’s goals.
Not Venture-Backed—and Proud of It
Unlike many competitors, CacheTech is not private equity– or venture capital–backed, and it isn’t a fintech startup. The firm spun out of a successful RIA in northern Utah that Murphy joined in March 2020 and which has seen assets under management triple. That growth has been powered in part by the technology that has become CacheTech.
Murphy emphasizes that his firm’s independence isn’t just a corporate talking point; it’s essential to maintaining the CacheTech ethos of empowering advisory practices to achieve sustainable success. “We are not under pressure to triple assets in the next three years. We’re not under pressure for what the ROI looks like,” he says. “We are a business obviously, but we can focus on our niche. If you’re going to say this is your niche, and I believe that’s a very strong niche to be in, you have to stay committed to it and not give up on it at the cost of perhaps we do grow a little bit slower. That’s okay.”
That long-term orientation allows CacheTech to focus on client service instead of short-term asset growth. “We’re not looking to take on 500 clients this year. That’s just not what we do,” Murphy adds.
Built by Asset Managers Who Understand Advisors
CacheTech combines cutting-edge technology with institutional investment expertise. The team includes veterans from Schwab, Acadian, and Wellington, and blends institutional investment knowledge with hands-on RIA experience.
Murphy’s background reflects that hybrid experience. Before moving to Utah, he spent more than a decade managing portfolios at Charles Schwab—specifically, a large portfolio of about 50,000 clients with $4.5 billion in assets—but was abstracted from the client experience. Later, while helping grow that RIA in small-town Utah from $250 million to $750 million, he saw firsthand how technology could bridge operational gaps and deliver high-touch service at scale. That experience, operating within a large financial institution and then scaling an independent firm, informs CacheTech’s practical approach to delivering what RIAs need. “Really understanding both sides of that business, I think, creates a very compelling TAMP offering,” he says.
The platform supports tax-efficient portfolio construction, model blending, rebalancing, and fully automated tax-loss harvesting—features that are standard, not premium add-ons. Advisors can use CacheTech models, build their own, or combine both to suit their investment philosophy. And because the team understands the operational burdens that come with managing distributions, required minimum distributions, and one-off client service issues, those needs are built directly into the infrastructure.
“We haven’t forgotten those roots of what it looks like to trade 750,000 accounts,” Murphy says. “We are using scale to allow us to deliver on [relationship service] while not messing up your standard service requests.”
Platform-Centric and Relationship-Driven
Rather than being a white-labeled version of someone else’s software, CacheTech’s platform was developed from the ground up to handle the full spectrum of RIA needs—investment management, CRM, client communications, and operations—all in one place.
That integration offers a key benefit: transparency. Advisors see the same data, trades, and workflows that the CacheTech team sees, giving them better insight into what’s happening in client portfolios and why. “The advisors are living on that same system most of the time,” Murphy says. “We’re functioning in that OCIO-type role where you are fully seeing. It’s like we’re a department within the RIA, which is how that relationship is supposed to work. So, when we say, ‘Hey, here’s something that’s gone [wrong]’—things go wrong—there’s going to be so much transparency and insight into what’s going on that advisors are equipped to talk at a higher level than they would be even if they had their own extensive trading and ops department.”
Instead of layering upsells or tiered pricing onto the relationship, CacheTech offers all of its core functionality—trading, CRM, reporting, and financial planning tools—for a single fee. “We don’t want bells and whistles and upsells and all this stuff to confuse [or detract] from us deepening the relationship,” Murphy says. “Our price is our price.”
AI Tools and Operational Efficiency
CacheTech’s proprietary AI engine, CAIT, harnesses the power of generative AI. Advisors are able to interact with client and firm data through natural language prompts—streamlining tasks such as drafting investment policy statements, writing client emails, generating reports, and reviewing financial data.
The trading system also reflects CacheTech’s origin in investment operations. Built from the trading layer up, the platform prioritizes automation, tax efficiency, and speed. “CacheTech started as a trading system. Once you’ve aggregated all the data, once you’ve brought the mission critical aspects altogether, the CRM was built on top of it,” Murphy explains. “The system is built to add scale to the RIA business.”
The integrated approach translates into faster turnaround on client needs, fewer errors, and significantly reduced back-office friction.
A Partner Across AUM Bands
While many TAMPs concentrate on larger RIAs, CacheTech welcomes firms across the spectrum, including those still building scale. The common thread is mindset, not size.
“We’ve had advisors as small as $20 million,” Murphy says. “They say, ‘Hey, are you really going to dedicate this much time to me?’ We would be just as excited to see a $20 million RIA become a $300 million [RIA] as [we would be to see] some of our larger RIAs growing too. Once they’re on the platform, we want everyone to share the same experience.”
At the same time, CacheTech supports firms that are already managing hundreds of millions but are running into complexity as they grow. Advisors at $100 million and $250 million to $500 million often face inflection points where operational capacity, staffing demands, and service consistency become barriers to scaling. CacheTech helps address those challenges without compromising the independence that makes RIA firms successful in the first place.
Murphy makes it clear CacheTech is built around shared values. The firm is designed for advisors who are building toward something bigger and want a true partner along the way. “We’re looking for people that are in it for their clients, trying to really deliver on the promise that they’ve made to their clients and using us to help,” Murphy says.
Advisors First—Wherever They Are
CacheTech’s philosophy also extends beyond the geographic and institutional hubs where many platforms focus. Headquartered in Logan, Utah, the firm believes exceptional financial advice happens on Main Street, not just in financial centers.
“We take great pride in the fact that you could put our service offering versus absolutely anybody,” Murphy says. “Don’t care what city you’re in. That’s the vision that we have spun off CacheTech for—we want everyone to feel that way. Whether they’re in New York, whether they’re in Pocatello, Idaho, we don’t care.”
By combining high-touch service with technology built specifically for advisors, CacheTech delivers a compelling alternative to commoditized platforms. The firm doesn’t try to be everything to everyone, but it does work to be indispensable to the advisors it partners with.
Getting Started with CacheTech
CacheTech doesn’t start new relationships with a standard software walkthrough. Instead, the onboarding process begins with a conversation designed to uncover each advisor’s unique goals and pain points. “Our first meetings are really, ‘Tell us about you, tell us about your business, what are the aspirations?’” Murphy says. “We want to know the deeper ‘why’ behind what you’re doing, and that helps us.” That discovery call shapes a personalized demo in the second meeting, where the CacheTech team shows only what’s relevant to the advisor’s goals.
Because the platform is both wide-ranging and deeply customizable, advisors often find one or two standout features that solve major recurring issues immediately—whether that’s tax-loss harvesting, CRM automation, distribution scheduling, or a fully integrated mobile client portal.
Ultimately, CacheTech isn’t trying to be the biggest TAMP—it’s trying to be the most useful, most responsive, and most trusted OCIO partner on the market.
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Additional Resources
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Disclosures
Investment advisory services offered through CacheTech, a registered investment advisor. For important disclosures and additional information, please visit cachetech.io.
