Redefining Unified Managed Accounts Technology with Evan Rapoport

Technology has transformed the financial advisory industry in recent years. Financial advisers now have access to a range of tools and platforms to help them provide a better service to their clients. While adopting new technologies is not always easy, the advantages of doing so are clear. 
In today's episode, Jack talks with Evan Rapoport, Founder and CEO of SMArtX Advisory Solutions. Building on years of experience in the institutional asset management segment, Evan pioneered managed accounts technology that allows wealth managers of all types to access the same strategies typically only available to the largest investors. Before forming SMArtX, Evan created a comprehensive financial data marketplace for hedge funds, HedgeCo.Net, which still exists today.
Evan talks with Jack about how SMArtX Advisory Solutions helps to redefine managed accounts technology and how it integrates technology to bring the financial advisory industry into the modern day.

Key Takeaways

[01:05] - Evan's role at SMArtX Advisory Solutions.

[02:08] - How SMArtX was born.

[07:35] - How SMArtX fits into Morningstar's ecosystem.

[12:33] - Evan's perspective on hyper-personalized asset management.

[16:02] - How SMArtX integrates and coordinates technology to improve outcomes.

[22:27] - What the future holds for SMArtX.

[28:26] - Evan's interests outside of work.

Quotes
[03:14] - "As a broker, it is tough to do two things well: raise money and manage money." - Evan Rapoport
[10:47] - "The opportunity with Morningstar is not only working with great people and great culture but also a tremendous business opportunity for us strategically in both powering their TAMP and now building out their direct indexing platform, which they've gone live in beta." - Evan Rapoport
[20:40] - "We are more focused on expanding the general integrations within SMArtX and creating those partnerships more broadly. We let the advisor come to SMArtX and choose what they want, not just tell us what they have." - Evan Rapoport

Links 

Evan Rapoport on LinkedIn

SMArtX Advisory Solutions

Morningstar

HedgeCo.Net

Charles Schwab

Envestnet

Orion Advisor Solutions

Black Diamond Capital Management

Advent Capital Management

BlackRock

State Street

InvestCloud

Hightower Advisors

Riskalyze

Envestnet | Tamarac

55ip

Morgan Stanley

Connect with our hosts

LifeYield

Jack Sharry on LinkedIn

Jack Sharry on Twitter

Subscribe and stay in touch

Apple Podcasts

Spotify

LinkedIn

Twitter

Facebook

Technology has transformed the financial advisory industry in recent years. Financial advisers now have access to a range of tools and platforms to help them provide a better service to their clients. While adopting new technologies is not always easy, the advantages of doing so are clear. 

In today's episode, Jack talks with Evan Rapoport, Founder and CEO of SMArtX Advisory Solutions. Building on years of experience in the institutional asset management segment, Evan pioneered managed accounts technology that allows wealth managers of all types to access the same strategies typically only available to the largest investors. Before forming SMArtX, Evan created a comprehensive financial data marketplace for hedge funds, HedgeCo.Net, which still exists today.

Evan talks with Jack about how SMArtX Advisory Solutions helps to redefine managed accounts technology and how it integrates technology to bring the financial advisory industry into the modern day.

Key Takeaways

[01:05] - Evan's role at SMArtX Advisory Solutions.
[02:08] - How SMArtX was born.
[07:35] - How SMArtX fits into Morningstar's ecosystem.
[12:33] - Evan's perspective on hyper-personalized asset management.
[16:02] - How SMArtX integrates and coordinates technology to improve outcomes.
[22:27] - What the future holds for SMArtX.
[28:26] - Evan's interests outside of work.

Quotes

[03:14] - "As a broker, it is tough to do two things well: raise money and manage money." - Evan Rapoport

[10:47] - "The opportunity with Morningstar is not only working with great people and great culture but also a tremendous business opportunity for us strategically in both powering their TAMP and now building out their direct indexing platform, which they've gone live in beta." - Evan Rapoport

[20:40] - "We are more focused on expanding the general integrations within SMArtX and creating those partnerships more broadly. We let the advisor come to SMArtX and choose what they want, not just tell us what they have." - Evan Rapoport

Links 

Evan Rapoport on LinkedIn
SMArtX Advisory Solutions
Morningstar
HedgeCo.Net
Charles Schwab
Envestnet
Orion Advisor Solutions
Black Diamond Capital Management
Advent Capital Management
BlackRock
State Street
InvestCloud
Hightower Advisors
Riskalyze
Envestnet | Tamarac
55ip
Morgan Stanley

Connect with our hosts

LifeYield
Jack Sharry on LinkedIn
Jack Sharry on Twitter

Subscribe and stay in touch

Apple Podcasts
Spotify
LinkedIn
Twitter
Facebook