Ocean Park Asset Management Expands Offerings for Advisors
Good news for financial advisors! Ocean Park Asset Management has just unveiled that five of its investment strategies are now accessible through LPL Financial's Model Wealth Portfolios (MWP) platform. These strategies include the Ocean Park Tactical Bond Strategy, Ocean Park Municipal Bond Strategy, Ocean Park Strategic Income Strategy, Ocean Park Conservative Allocation Strategy, and the Ocean Park Moderate Allocation Strategy. This initiative highlights Ocean Park’s dedication to a quantitative, rules-based investment approach, which emphasizes following market trends, careful security selection, and an efficient trailing stop discipline.
Empowering Financial Advisors
Colin Barber, Managing Director of Strategic Partnerships at Ocean Park Asset Management, shared his excitement about this new collaboration. He said, "Putting our model portfolio solutions in the hands of LPL advisors is exciting, and we are prepared to engage and support the financial professionals who now have access to them." He went on to explain that these strategies are crafted to meet a variety of investment preferences, offering a balance between fixed income and equity solutions. Each strategy aims to accomplish two main goals: generating total returns and minimizing risks.
Commitment to Evolving Strategies
The leadership at Ocean Park is committed to continuously refining its portfolio offerings to keep pace with the changing demands of advisors and their clients. Skip Schweiss, the CEO of Ocean Park Asset Management, noted, "AUM in model portfolios has grown to $424 billion since 2021, according to Morningstar. We believe more advisors are clearly embracing the efficiencies and business advantages that can come with competitive platforms like LPL's MWP." This growth signifies a compelling trend in the investment advisory field, highlighting the growing dependence on model portfolios to enhance client service.
Broader Offerings on LPL’s Platforms
On top of the MWP platform, key strategies like the Tactical Bond Strategy, Conservative Allocation Strategy, and Strategic Income Strategy are also available through LPL’s Manager Select platform. This multi-platform presence gives advisors the flexibility to choose the strategies that best match their clients’ specific needs, helping them build resilient investment portfolios.
About Ocean Park Asset Management
Ocean Park Asset Management, LLC, is an SEC-registered investment advisor specializing in investment management services primarily for mutual funds and exchange-traded funds (ETFs), including the Sierra Mutual Funds and Ocean Park ETFs. Managing or advising on over $5.3 billion in client assets, Ocean Park and its affiliates illustrate a strong commitment to delivering high-quality investment management in a complex financial landscape.
Building Investor Trust
Clients are welcome to discover more about Ocean Park’s range of investment solutions. For any inquiries about their services, interested individuals can reach out to their shareholder services at 1-866-738-4363 or visit their official website. While registration doesn't guarantee superior performance, Ocean Park is dedicated to maintaining transparency and accessibility in its operations.
Frequently Asked Questions
What is the significance of Ocean Park's offerings on the MWP platform?
The strategies available on the MWP platform offer advisors effective options tailored to different investment objectives, including risk management and improving performance.
How are the strategies designed by Ocean Park distinct?
Every strategy employs a rules-based, quantitative investment process, focusing on careful security selection and trend-following to maximize investment results.
What strategy offerings are available beyond the MWP platform?
Along with MWP, Ocean Park's Tactical Bond, Conservative Allocation, and Strategic Income Strategies are also available on LPL’s Manager Select platform.
What does Ocean Park emphasize in its investment philosophy?
The firm focuses on generating total returns while minimizing downside risks, ensuring that their strategies can adapt to different market conditions.
How can potential clients connect with Ocean Park?
Investors can contact their shareholder services or visit their website for comprehensive information about their investment offerings and services.
