Orion Rolls Out Tailored Allocation Portfolios
Wealthtech platform Orion has introduced Tailored Allocation Portfolios, which combine the company’s direct indexing services with third-party model portfolios.
The models, featuring ETFs and mutual funds, are provided by First Trust Advisors, Janus Henderson and Russell Investments, with the expectation that more third-party managers will join the line-up at a later date.
Orion Custom Indexing recently topped $10.7 billion in AUM.
Orion created Tailored Allocation Portfolios for investors with concentrated positions, legacy holdings or unique tax situations. Advisors can use the firm’s proprietary tax-transition technology to gradually move those clients’ assets into ETF and mutual fund-based model portfolios.
The portfolios come…
