Private Advisor Group Welcomes New Investment Partners
New model portfolios offer advisors enhanced options for clients.
Private Advisor Group, one of the largest and fastest-growing independent wealth management firms, has announced the addition of three highly regarded investment strategists to its WealthSuite platform. The new additions include Capital Group, Franklin Templeton, and Goldman Sachs, enriching the portfolio options available to advisors.
James Sullivan, Head of Advisor Advocacy & Technology at Private Advisor Group, expressed the firm's commitment to diversity in investment approaches. He stated, "Adding Capital Group, Franklin Templeton, and Goldman Sachs to the WealthSuite platform underscores our commitment to providing advisors with diverse, high-quality investment approaches." These firms bring unique portfolio construction methods and asset allocation strategies that enhance customization, effectively addressing various client objectives.
Capital Group introduces model portfolios tailored to five distinct investment objectives: aggressive growth, growth, growth with income, income with moderate growth, and income with capital preservation. These actively managed portfolios leverage Capital Group's successful ETF strategies, which have garnered over $90 billion in assets under management, positioning them as attractive options for potential returns.
Matt Eisenhardt, Head of Advisor Sold Group at Capital Group, emphasized the increasing recognition of customized model portfolios among advisors. He remarked, "Customized model portfolios are increasingly being recognized as an effective way for advisors to manage complex client portfolios and deliver scalable solutions for their clients." The proprietary process employed by Capital Group in designing these portfolios is meant to address a wide array of investment goals.
Franklin Templeton enhances the offering with open architecture, ETF-based completion portfolios that allow for mix-and-match customization across both equity and fixed income sectors. Their platforms cater to diverse needs, including U.S. equity with or without Bitcoin exposure, international equity, and both taxable and tax-exempt fixed income options. Franklin Templeton's Investment Solutions team utilizes risk-based asset allocation and dynamic market insights to create these flexible portfolios.
Jeff Masom, Head of US Distribution at Franklin Templeton, shared the excitement of collaborating with Private Advisor Group, stating, "As a strategic partner to Private Advisor Group, we are proud to introduce ETF-based completion portfolios, offering enhanced flexibility, customization, and personalization." This collaboration marks the introduction of model portfolios that seamlessly blend traditional asset classes and digital assets, providing clients with diverse access to emerging investment opportunities.
Goldman Sachs Asset Management contributes through its Multi-Asset Solutions team, which focuses on strategic and dynamic asset allocation backed by continuous research into underlying investments. Their approach integrates international market perspectives, which bolster investment decisions and enhance overall portfolio performance.
Since its inception, WealthSuite has catalyzed a transformation in how advisors manage their time and enhance the investor experience. This multifaceted platform presents competitively priced, multi-custodian, open-architecture solutions that include mutual fund and blended model portfolios, all designed for direct management. Private Advisor Group currently features 11 strategists on the platform.
The firm is dedicated to continuously evaluating and expanding its range of investment solutions, with a clear focus on differentiating the experience provided to both advisors and their clientele.
About Private Advisor Group
Established in 1997, Private Advisor Group stands out as one of the country's leading financial services firms. With assets under management surpassing $41.3 billion, the firm is devoted to utilizing its resources to improve financial outcomes for individual investors. Private Advisor Group prioritizes growth, fiduciary adherence, and a client-centric approach that benefits independent financial advisors. Recognized consistently as a top investment advisory firm, their commitment to excellence has garnered accolades from industry experts.
Private Advisor Group focuses on providing strategies that inspire growth and support independent financial advisors in their practices, thereby enhancing the overall investment experience.
Frequently Asked Questions
What is WealthSuite?
WealthSuite is Private Advisor Group's investment management platform designed to offer advisors a wide range of diverse investment strategies and improved efficiency for client management.
Who are the newest partners of Private Advisor Group?
The newest partners include Capital Group, Franklin Templeton, and Goldman Sachs, who offer unique investment strategies to enhance the WealthSuite platform.
How does the addition of new strategists help advisors?
The addition of new strategists provides advisors with diverse, high-quality investment options, allowing for more flexibility and customization in meeting client needs.
What are some of the investment objectives Capital Group focuses on?
Capital Group offers model portfolios aimed at aggressive growth, growth with income, income with moderate growth, capital preservation, and more, tailored to various investment goals.
What recognition has Private Advisor Group received?
Private Advisor Group has been recognized as a top ten registered investment advisory firm by Barron's every year since 2018, reflecting its commitment to excellence in the financial services sector.
