Money Manager X-Change (MMX) provides financial advisors access to high-quality investment management, while helping to make their business more efficient.
Axos Advisor Services, a hybrid custodian and financial services company with powerful, integrated custodial and banking solutions, has teamed up with Day Hagan Asset Management to enhance investment management offerings through the Money Manager X-Change (MMX) program.
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Utilizing Ned Davis Research models, Day Hagan Asset Management offers global asset allocation, smart value, smart sector, and smart fixed income models through the MMX program. Day Hagan Asset Management was founded in 2004 and provides third-party advisory investment management services for broker-dealers, RIAs, non-profit organizations, corporate pension services and other institutional organizations by understanding the markets quantitatively, determining the appropriate mix of assets given this data, allocating assets according to risk management protocols, and utilizing cash as a defensive asset class.
“Day Hagan, is a welcome addition to expand the depth and diversity of MMX. In today’s volatile markets, more advisors are seeking institutional OCIO-like solutions to maintain the alignment of a client’s investments to their wealth planning. By utilizing a manager such as Day Hagan, they become a part of your investment team,” said Jonathan Bui, Senior Product Manager at Axos Advisor Services.
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The MMX program provides financial advisors access to high-quality investment management, while helping to make their business more efficient. Advisors can delegate all or a portion of their money management to MMX partners while retaining control over which managers and strategies they want to utilize.
“There’s no question that technology has allowed the independent advisor to be a better fiduciary to their clients. The key to growth and successful wealth planning for many advisors is the time spent meeting with clients, so utilizing outside investment managers becomes critical to that. Technology such as Liberty and programs like MMX makes it easy to partner with global investment managers and allow for those additional moments with clients,” adds Bui.
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