Orion Elevates Investment Experience with Destinations Funds

Orion Elevates Investment Experience with Destinations Funds

Orion is proud to unveil exciting enhancements to its Destinations Funds Trust, aimed at improving operational efficiency and enhancing the investor journey. As a prominent provider of innovative wealth management technology solutions, Orion is continuously refining its offerings to meet the evolving needs of financial advisors and their clients.

New Enhancements to Destinations Funds

In a recent announcement, Orion revealed a series of innovations designed for the Brinker Capital Destinations Trust. These enhancements include advanced tools to minimize transaction costs and improve efficiency, all while maintaining the core benefits that mutual funds provide to investors. Orion's commitment to modernizing the investment experience is evident in these updates, reflecting a drive to merge tradition with innovation.

Transformative Solutions from ReFlow

A key component of this enhancement is the collaboration with ReFlow, a leader in redemption management solutions. By integrating ReFlow's advanced services, the Destinations Funds will gain tools that help mitigate cash drag, reduce transaction costs, and minimize taxable implications for investors. This collaboration signifies an important step toward streamlining operations and enhancing fund performance.

Expert Insights from Orion Leadership

Ron Pruitt, President of Orion Wealth Management, expressed enthusiasm about this partnership, stating, "Working with ReFlow allows us to modernize the operational aspects of our Destinations Funds, process shareholder transactions more efficiently, and provide tangible benefits for both advisors and their clients." Such developments point toward a forward-thinking approach to fund management that prioritizes efficiency and effectiveness.

Strategic Commitment to Advisors

Orion is dedicated to evolving the Destinations platform to meet the changing landscape of financial advising. Pruitt emphasized that integrating these new capabilities is crucial to ensuring that Destinations Portfolios remain an attractive option for financial advisors seeking efficient and effective investment solutions.

A Celebration of Legacy and Innovation

The enhancements to the Destinations Funds come as the platform approaches a significant milestone—its 30th anniversary in the summer of 2025. To celebrate this occasion, Orion plans to host Ascent 2025, an event set for early February. This conference will gather financial professionals and offer insights into market trends and investment strategies, showcasing Orion's commitment to providing valuable resources to its clients.

Dedication to Client Experience

Orion’s innovations within the Destinations Funds not only prioritize operational efficiency but also aim to enhance the overall client experience. As financial advisors gain access to more advanced tools through Orion's platform, they can concentrate on delivering personalized care to their clients, ensuring that each investor's financial journey is a successful one.

About Orion

Orion represents a premier provider focused on revolutionizing the advisor-client relationship through technology. Our various brands including Orion Advisor Tech, Orion Portfolio Solutions, and Redtail Technology collectively empower financial firms by streamlining operations and enhancing client services. With over $4.7 trillion in assets under administration, we cater to a broad array of advisory firms, ensuring they can manage client relationships with maximum efficiency.

About ReFlow

ReFlow Services, LLC is dedicated to addressing a significant challenge faced by mutual funds—managing redemptions without the pitfalls of cash drag or unnecessary borrowing. Their innovative liquidity platform assists mutual funds in accessing capital effectively, thereby improving overall performance. With a strong portfolio of nearly 100 mutual funds managing over $1.2 trillion in assets, ReFlow positions itself as an essential partner in the investment management sector.

Frequently Asked Questions

What are the key enhancements introduced by Orion?

Orion has implemented advanced tools within the Destinations Funds to improve efficiency, reduce transaction costs, and enhance the investor experience.

How does ReFlow contribute to the enhancements?

ReFlow offers innovative redemption management solutions that help Destinations Funds minimize cash drag and improve transaction efficiencies.

What is the significance of the 30th anniversary of Destinations Funds?

The 30th anniversary represents a milestone for the Destinations Funds, and Orion aims to celebrate this legacy with an upcoming event called Ascent 2025.

What is Orion's commitment to financial advisors?

Orion is focused on providing transformative tools and resources that allow financial advisors to enhance client service and streamline their operations.

Why is minimizing cash drag important for investors?

Minimizing cash drag is crucial as it helps improve fund performance by reducing unnecessary loss of potential investment gains while maintaining liquidity.

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