SMArtX Advisory Solutions will be at INSITE. See if they'll tell you about their deal with TradePMR. The relationship enables TradePMR advisors to access SMArtX’s award-winning UMA technology, including their full model marketplace, automated rebalancing, tax harvester, cash management, billing, and Advisor as a PM tools to effectively manage their advisory business at scale.
The relationship gives TradePMR advisors a more cost-effective TAMP solution than the current offering, helping advisors improve profitability and provide better value to their clients. As SMArtX is a sub-advisory technology firm,
TradePMR advisors do not have to repaper any accounts to gain access to SMArtX’s automated processes, including their billing solution called BillFiX, and all the other benefits of a UMA platform with true sleeve-level accounting.
“We are excited to bring our UMA technology to TradePMR advisors,” remarked Evan Rapoport, the Founder and CEO of SMArtX Advisory Solutions. “SMArtX and TradePMR both want to help advisors run their business better and faster in today’s marketplace. We aim to do this by reducing the amount of manual work and tasks required to administrate managed accounts and providing them with the necessary tools to make it easier.”
“Everything we do at TradePMR starts with a simple goal: helping RIAs work more efficiently,” stated Scott Victoria, Chief Operating Officer, TradePMR. “Efficiency can do a lot for advisors. It can help address evolving client expectations, react to a volatile market, and ultimately, we believe, achieve firm growth. With this new relationship with SMArtX, we are arming TradePMR advisors with another resource to help streamline their workflows and expand how they can serve their clients.”
It looks like the future. And if SMArtX can do this for TradePMR custody clients, imagine what they can do if you're on Pershing. Reach out. This is where advisor technology is going.
