SMArt Xchange is the first platform featuring both traditional and alternative investment strategies traded in a UMA/SMA structure. Leveraging the efficiencies of Advent Custodial Data integrations with Black Diamond, Axys, and APX, SMArtX offers SS&C Advent clients a managed account experience like no other.
What makes us different for Advisors?
Complete ACD integration with SS&C Advent provides advisors with fully realized account reconciliation, streamlined operations, and single interface for T+1 sleeve-level, consolidated reporting.
SMArtX is the only firm to offer investors traditional and alternative strategies in a single UMA investment. Advisors can choose from long only, long/short, market neutral, and options strategies, which are all executed through a single brokerage account.
SMArtX provides real-time information on almost all aspects of the platform. We provide real-time performance reporting on all strategies, real-time holdings for all accounts, and real-time valuations on all portfolios.
Our real-time functionality enables advisors to allocate to strategies intra-day, instead of having to wait for end-of-day or T+1 allocations. Using the same technology, advisors can liquidate their strategy allocations at any time of the trading day, and the corresponding securities are put out as market orders.
SMArtX platform fees are simple and straight-forward. The SMArtX platform access fee is 15bps and tiers down based on assets. Traditional models comprised typically of “long only” strategies charge an additional 0-60 basis points, and alternative models typically based on “hedge fund” strategies charge an additional 135 basis points. Other fees will be incurred based on custodial trading commissions and associated trading expenses.
The average minimum allocation for both traditional and alternative strategies is $20,000. Now advisors can have a truly diversified exposure, even with smaller account sizes.
The SMArtX platform is completely self-directed and customizable. Advisors can create portfolios consisting of as many strategies as required to achieve a desired risk/reward profile.
SMArtX allows advisors to deploy leverage through client accounts to increase market exposure to any given strategy.
SMArtX offers “View Only” solutions for advisors who prefer to share portfolio-level information with their clients.
Advisor as a PM, Rebalancer, and Drift Management
SMArtX’s simple, streamlined APM functionality was designed to help advisors save time and scale their ability to manage all their client portfolios in one dashboard.
SMArtX addresses advisor needs through next generation technology by providing an investment management solution, integrated with essential applications, to better serve clients. Our functionality encompasses the complete client experience, comprising:
Portfolio Proposal Initiation
The simple, scalable, and encompassing SMArtX ecosphere enables advisors to focus on building their businesses to better serve existing clients and leverage their time to develop new client opportunities.
The SMArt Xchange Ecosystem
SMArt Xchange streamlines the investment research and portfolio allocation process for advisors by providing tools to assist across the investment lifecycle including:
- Research investment strategies
- Conduct due diligence
- Build portfolios
- Generate client proposal and reports
- Provide transparent fees
SMArtX helps advisors save time:
- Proposal generation with client signing page
- Integrated account opening
- Comprehensive lineup of investment strategies
- Click to allocate/ liquidate technology
- Portfolio creation and customization
SMArtX helps advisors scale their business through:
- Integration with select SS&C Advent portfolio management products
- Custom portfolios for each client
- Single portfolio for multiple clients
- Centralized source of investments
- Access to Strategy-level data through Advent Custodial Data