Article

Outsourcing Investment Models Allows Advisors to Focus on What They Do Best

By Steve Leivent, SVP, Co-General Manager, SS&C Advent

Where do wealth advisors get the optimal return on their investment of time?

Wealth management is, at heart, a relationship business. Increasingly, clients are looking to their advisors for a more holistic view of their financial lives beyond their securities portfolios. Time spent cultivating client relationships and working with clients on their life goals (and how to fund them) will deliver the most significant payback in account growth and retention. To maximize that time, however, advisors need to optimize the time spent on asset allocation, security selection, and portfolio-building details. Additionally, advisors must ensure their clients’ portfolios reflect their goals and agreed-upon strategies and that their investments deliver the returns needed to support them.