Dynasty Financial Launches TAMP

News November 18, 2024 at 12:04 PM

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Dynasty Financial Partners has launched Model Select, a program to enable members of its independent RIA network to outsource investment management.

The new program is a turnkey offering using top-down portfolio construction, pairing quantitative signals with qualitative insights to build portfolios using passive and active strategies.

It offers various trading cadences through 11 different risk tolerances, along with tax-aware and taxable fixed income options.

Dynasty said it has partnered with leading asset managers to provide access to broad market and niche exposures for the program, which also incorporates tax overlay capabilities.

“We set out to build a sophisticated scalable multi-manager solution at a reasonable cost. As we listened to the needs of our network partners, we realized it is a highly adaptable approach to portfolio management with broader appeal than we anticipated,” Dynasty Financial Partners Chief Investment Officer Bob Shea said.

“We continue to enhance the program, finding boutique managers and exposures to non-traditional asset classes, which we view as key to helping Model Select evolve.”

Dynasty said the program aims to foster RIA growth, allowing advisors to focus on client engagement and strategic business growth.

“Automated portfolio trading, professionally managed tax overlay and educational content give advisors a wealth of insight to drive more meaningful conversations with their clients,” Dynasty Founder and CEO Shirl Penney said.

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