SMArtX Advisory Solutions Introduces Transition Analysis Tool to Help Advisors Enhance Tax Efficiency

The new tool represents SMArtX’s commitment to pioneering a new era in managed account administration with advanced automation and customization.

SMArtX Advisory Solutions (“SMArtX”), a leading innovator in managed accounts technology, today announces the launch of its SMArtX Transition Analysis Tool. This innovative solution empowers financial advisors to seamlessly migrate client accounts to new investment models while controlling tax impact, setting a new benchmark in portfolio transition efficiency.

Transforming Advisor Workflows

The SMArtX Transition Analysis Tool is engineered to streamline the intricate and often time-consuming process of transitioning portfolios to new investments. By harnessing powerful automation and customization capabilities, the tool eliminates manual calculations and simplifies complex processes, enabling advisors to focus on delivering superior client service and strategic business growth.

“Our goal with the Transition Analysis Tool is to support the modern advisor who seeks to enhance their clients’ financial well-being while scaling their business,” said Jonathan Pincus, CEO of SMArtX. “By leveraging automation and seamless integration, we aim to alleviate operational burdens, allowing advisors to maximize their talents.”

Created to reduce advisors’ workloads, enhance client engagement, and improve client satisfaction, the new SMArtX Transition Analysis Tool transforms traditionally burdensome processes that have historically prevented advisors from achieving optimal efficiency and investment excellence.

Key Features and Benefits

Intended to address growing demand for personalized investing and tax efficiency, the SMArtX Transition Analysis Tool offers a suite of robust features designed to help advisors to deliver vigilant investment recommendations:

• Instant Overlap Analysis: Automatically compares clients’ current holdings against new investment models, identifying opportunities to leverage existing positions and reduce unnecessary selling.

• Customizable Tax-Budget Scenarios: Allows advisors to align and customize tax budgets with specific financial goals, generating custom scenarios within the defined tax budget.

• Automated Tax-Aware Selling: Facilitates the automatic liquidation of legacy positions within specified tax parameters.

Alex Thompson, Chief Product Officer at SMArtX, remarked, “Our mission is to equip advisors with the next-gen tools needed to excel in investment management and better serve their clients.”

The SMArtX Transition Analysis Tool is now available on the SMArtX platform. Advisors are invited to request a personalized demo to explore how this innovative tool can transform their practice.

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.

SMArtX does not provide tax advice and the SMArtX portfolio tax transition tool is not a substitute for tailored tax advisory services. Clients are advised to seek tax advice from an independent licensed tax professional.

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