WisdomTree Remains Focused on Open Architecture
ETF Model Portfolios for Financial Advisors
WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded
fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset
manager, and PIMCO, a leading global investment management firm,
announced today that the two firms are collaborating1 on three
WisdomTree ETF model portfolios in which PIMCO’s fixed income ETFs
will be added. These ETF model portfolios are available to advisors
in the Model Market Center on the TD Ameritrade Institutional
Platform and through AdvisorEngine.
“We’re thrilled to collaborate with PIMCO, a leader in fixed
income investing, to provide advisors with best-in-class model
portfolios. WisdomTree is focused on developing solutions that
align with advisor preferences – for instance, we know advisors
typically prefer to use investment products from multiple managers
and, as a result, we’ve prioritized taking an open architecture
approach when it comes to our models,” said Tom Skrobe, WisdomTree
Head of Client Solutions.
Eric Mogelof, MD, Head, U.S. Global Wealth Management for PIMCO,
added, “We are excited that ETFs from PIMCO’s suite will be
included in WisdomTree’s models. We believe that financial advisors
will benefit from this collaborative effort.”
Financial advisors are increasingly utilizing model portfolios
that are created in-house or by third-party asset managers. There
are a variety of reasons an advisor may want to use model
portfolios as a resource as they seek to achieve their clients’
financial goals. Even with sophisticated in-house tools and
expertise, building and analyzing portfolios can take a significant
amount of time and other aspects of an advisor’s services can often
take higher priority.
Skrobe continued, “ETF model portfolios allow advisors to access
cutting-edge portfolio construction tools with the potential
ability to manage assets in a more efficient way. As a result,
advisors can spend more time building quality relationships with
clients and prospects.”
WisdomTree’s ETF model portfolios are designed to give investors
a unique way to access the global markets, going beyond basic
market-cap weighted indexes. With risk profiles ranging from
conservative to aggressive, the models incorporate WisdomTree’s
Modern Alpha™ approach, combining the outperformance potential of
active management with the benefits of the ETF structure.
Learn more about WisdomTree’s ETF model portfolios here.
1Pacific Investment Management Company LLC
(“PIMCO”) and WisdomTree engage in periodic informational meetings
pertaining to PIMCO ETFs and WisdomTree’s use of fixed income ETFs
in its models. Although the firms’ collaboration is intended to
help inform WisdomTree in its potential inclusion/usage of PIMCO
ETFs in WisdomTree model portfolios, WisdomTree is under no
obligation—contractual or otherwise—to include PIMCO ETFs in
WisdomTree model portfolios, and any allocation to PIMCO ETFs in
WisdomTree model portfolios may change at any time and without
notice to PIMCO. PIMCO is not affiliated with WisdomTree, TD
Ameritrade or AdvisorEngine. PIMCO DOES NOT ENDORSE, SPONSOR,
MANAGE OR OVERSEE WISDOMTREE’S MODEL PORTFOLIOS OR THE CONTENT OF
WISDOMTREE'S MARKETING MATERIAL OR WEBSITE AND MAKES NO
ENDORSEMENT—EXPRESS OR IMPLIED—ABOUT THE ADVISABILITY OF ALLOCATING
ASSETS PURSUANT TO WISDOMTREE’S MODEL PORTFOLIOS. PIMCO DOES NOT
ENDORSE, SPONSOR, OR OVERSEE the Model Market Center on the TD
Ameritrade Institutional platform. For more information about the
PIMCO ETFs currently included in WisdomTree’s model portfolios,
contact your PIMCO representative; for more information about
WisdomTree’s model portfolios, contact your WisdomTree
representative.
TD Ameritrade is separate from and not affiliated with
WisdomTree or PIMCO and has not been involved in the verification
of this material and is not responsible for, nor any endorsement of
services, opinions, facts, products or policies should be
inferred.
Material made available through the Model Market Center is
provided by third-party Model Managers who are separate from and
unaffiliated with TD Ameritrade. TD Ameritrade has not paid for or
been involved in the preparation of the content, and has not
verified, endorsed or approved the content. TD Ameritrade assumes
no responsibility for any fact, recommendation, opinion or advice
contained in any such model portfolio or materials and expressly
disclaims any responsibility for any investment decisions or for
the suitability of any security or transaction based on it.
Availability of specific managers and/or models should not be
considered an endorsement or recommendation by TD Ameritrade. Users
of Model Marker Center are responsible for all upfront and ongoing
manager and model due diligence.
TD Ameritrade receives remuneration from ETFs and mutual funds
and/or their managers that participate in the MMC for
administrative and/or other services.
Model Market Center is an offering of TD Ameritrade, Inc.
Registered Investment Advisor (RIA). TD Ameritrade is a trademark
jointly owned by TD Ameritrade IP Company, Inc. and The
Toronto-Dominion Bank. Used with permission.
About WisdomTreeWisdomTree Investments, Inc.,
through its subsidiaries in the U.S., Europe and Canada
(collectively, “WisdomTree”), is an exchange-traded fund (“ETF”)
and exchange-traded product (“ETP”) sponsor and asset manager
headquartered in New York. WisdomTree offers products
covering equities, fixed income, currencies, commodities and
alternative strategies. WisdomTree currently has
approximately $58.3 billion in assets under management
globally. For more information, visit our Investor Relations
website.
WisdomTree® is the marketing name for WisdomTree Investments,
Inc. and its subsidiaries worldwide.
About PIMCOPIMCO is one of the world’s premier
fixed income investment managers. With our launch in 1971 in
Newport Beach, California, PIMCO introduced investors to a total
return approach to fixed income investing. In the 45+ years since,
we have continued to bring innovation and expertise to our
partnership with clients seeking the best investment solutions.
Today we have offices across the globe and 2,150+ professionals
united by a single purpose: creating opportunities for investors in
every environment. PIMCO is owned by Allianz S.E., a leading global
diversified financial services provider.
About AdvisorEngineAdvisorEngine is a financial
experience company that provides an end-to-end client relationship
and digital investment platform for registered financial advisors.
Founded in 2014 by a team of experienced financial and technology
executives, AdvisorEngine was the first company to integrate
private-label robo-advice within a digital wealth management
platform. With an emphasis on data, design thinking and technology,
the firm delivers a unified experience across three core groups –
clients, advisors, and business management teams – to address the
most common pain points felt by rapidly growing advisory firms.
With offices in New York City and Raleigh, NC, AdvisorEngine
continues to innovate to keep advisors at the forefront of wealth
management. For more information, please
visit www.advisorengine.com.
WisdomTree Investments, Inc. is the sole owner of WisdomTree
Asset Management, Inc., a registered investment adviser, and is a
substantial minority owner of AdvisorEngine Inc. WisdomTree
Investments, Inc., and/or its affiliates has a financial interest
in AdvisorEngine and its business. As a technology company,
AdvisorEngine provides access to award-winning tools
and is compensated for providing such access.
Contact Information:
Media RelationsWisdomTree Investments, Inc. Jessica Zaloom /
Kylie Scott+1.917.267.3735 / +1.917.267.3860jzaloom@wisdomtree.com
/ kscott@wisdomtree.com
Investor RelationsWisdomTree Investments, Inc. Jason Weyeneth,
CFA+1.917.267.3858jweyeneth@wisdomtree.com
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