25 May 2018

Smartleaf signs Washington Trust Wealth Management

12 November 2008  |  2121 views  |  0 Source: Smartleaf

Washington Trust Wealth Management today announced that it has selected Smartleaf to provide overlay technology for use across its three investment management divisions; Weston Financial Group, Washington Trust Investors, and 1800 Asset Management.

The Smartleaf technology will enable Washington Trust Wealth Management to implement an open-architecture overlay program that combines proprietary models, third-party managers, mutual funds, fixed income and exchange traded funds. This will enable Washington Trust to create and maintain a comprehensive solution that will leverage each division's strengths, without additions to staff.

According to Jerry Michael, CEO of Smartleaf, "Washington Trust Wealth Management is creating an industry-leading open-architecture overlay program that leapfrogs the offerings of their competitors. We are honored to have been selected by Washington Trust and look forward to supporting their efforts to aggressively expand market share and profitability."

Galan Daukas, EVP of Washington Trust Wealth Management added, "Smartleaf has partnered with some exceptional clients who provided strong references and metrics to us. They also have a five-year track record of success."

Washington Trust's investment professionals work in concert to provide clients with comprehensive planning and investment management solutions. Smartleaf will enable Washington Trust to couple its own exceptional proprietary capabilities with those of the world's top money managers. Each day, the Smartleaf technology analyzes every portfolio against the target allocation and generates tax-lot level trade recommendations with written explanations for rationale for the portfolio managers. These trades are tax, transition, expense, and dispersion sensitive.

 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Visit response.ncr.comvisit www.ebaday.com

Who is commenting?

Top topics

Most viewed Most shared
satelliteAnt Financial provides tech for China Ever...
18081 views comments | 2 tweets | 2 linkedin
Digital banking transformation creating new systemic risksDigital banking transformation creating ne...
8429 views comments | 18 tweets | 26 linkedin
MUFG to roll out blockchain payment network next yearMUFG to roll out blockchain payment networ...
7146 views comments | 13 tweets | 13 linkedin
There are some things you just can't do with an appThere are some things you just can't do wi...
6254 views comments | 9 tweets | 15 linkedin
satelliteBofA begins full scale rollout of AI chatb...
5959 views comments | 3 tweets | 4 linkedin

Featured job

Find your next job