SMArtX Advisory Solutions Selects Dan Phillips as Chief Investment Officer
June 21 2024 - 9:00AM
Business Wire
Fast-growing fintech firm looks to round out
its investment offerings to a rapidly expanding client base
SMArtX Advisory Solutions, an innovator in managed accounts
technology, announced today the appointment of Daniel (“Dan”)
Phillips as Chief Investment Officer (CIO). The newly added CIO
role signifies SMArtX’s commitment to delivering customized turnkey
investment solutions and services to its clients.
Phillips, a seasoned investment professional with nearly two
decades of experience, will spearhead the ongoing evolution and
expansion of SMArtX Investment Solutions. Pascal Roduit, SMArtX
Chief Investment Strategist, will report to Phillips and continue
to manage existing SMArtX Investment Solutions relationships,
overseeing the quarterly-produced SMArtX Manager Select List.
Together, Phillips and Roduit will build upon these existing
services, delivering new capabilities such as turnkey investment
solutions and overlay management services, including multi-asset
portfolio management. SMArtX Investment Solutions will offer a
concierge level of service to support advisors with their
investment needs across the spectrum – from asset allocation and
manager selection to client communications. Phillips will also
implement and chair the SMArtX Investment Policy Committee.
“While SMArtX has been recognized by Wealth Advisor as the
fastest growing TAMP for the past four years, and has received the
WealthManagement.comWealthies Award for our SMArtX Model
Marketplace and Rebalancer on consecutive occasions, it’s the
talented people behind the scenes that make this all possible,”
said Jonathan Pincus, CEO of SMArtX. “Dan’s deep industry expertise
coupled with his track record of innovation and delivering
customized portfolio management at scale creates an exciting
opportunity for SMArtX.”
Prior to SMArtX, Phillips was Director of Asset Allocation
Strategy at Northern Trust Asset Management. There, he was
responsible for Northern Trust’s asset allocation process,
including capital market assumptions, strategic portfolios,
tactical positioning, and multi-asset funds, models and custom
portfolios. Recognized for his industry insights, Phillips also
writes on a wide range of investment topics and is a frequent
presenter at industry conferences and client events.
“I am very grateful to Jon and the entire team for welcoming me
to SMArtX,” said Phillips. “I’m excited to be a part of the rapidly
evolving fintech industry, especially at SMArtX with its
state-of-the-art technology platform. Advanced technologies have
created a number of new potential investment applications, and I
plan to bring the most innovative of these to the SMArtX user
community.”
SMArtX is a leading innovator in unified managed account (UMA)
technology and architect of the SMArtX turnkey asset management
platform (TAMP), designed to modernize outdated legacy technologies
across the financial services industry. SMArtX leverages its
cloud-based technology, microservices infrastructure, and APIs to
simplify the investment management process for enterprise and
advisory clients.
“We are incredibly proud of the award-winning technology
platform we have built at SMArtX," added Aaron Wormus, Chief
Technology Officer of SMArtX. “Dan’s investment expertise will
further our mission of bringing innovative investment applications
to the SMArtX platform, enhancing the client experience, and
ultimately saving the client time and money."
Phillips will leverage SMArtX’s robust collection of nearly
1,500 investment strategies across over 300 asset managers, a
platform overseen by Brad Haag, Executive Vice President, Asset
Management Solutions. The collaboration between Phillips and Haag
ensures comprehensive client support throughout the investment
process, from investment strategy to strategy implementation.
“With such a diverse pool of managers and strategies available,
Dan’s guidance will be crucial in crafting well-diversified
portfolios that perfectly align with each client’s unique needs,”
concluded Haag.
Phillips started his career in the financial industry in 2005
after graduating from the University of Iowa with a BBA in Finance
and Economics. He earned his Chartered Financial Analyst
designation in 2009 and his MBA, with concentrations in Finance,
Economics and International Business, from the University of
Chicago Booth School of Business in 2014.
About SMArtX Advisory Solutions
SMArtX Advisory Solutions is an award-winning managed accounts
technology provider and manages SMArtX, a turnkey asset management
platform ('TAMP'). SMArtX’s API-first, cloud-native technology
operates within a modular, microservices architecture, providing
clients with a tailored solution catered to their unique
specifications. SMArtX is available as an off-the-shelf TAMP for
advisors seeking a wider selection of investment products and ease
of use while automating the investment processes and simplifying
the everyday tasks of managing client accounts. SMArtX also
licenses its proprietary technology to enterprise firms looking to
create, customize, or upgrade their existing managed accounts
technology as a standalone or fully integrated solution. SMArtX is
the managed account technology and TAMP platform of choice for
multiple RIAs, broker-dealers, asset managers, custodians, and
fintech firms. Learn more at www.smartxadvisory.com.
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