19 October 2017
Register now

Smartleaf signs Washington Trust Wealth Management

12 November 2008  |  2096 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 www.capgemini.comvisit www.innotribe.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15538 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8727 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8373 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7819 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6975 views comments | 9 tweets | 17 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job