The direct indexer redefines the user experience and the delivery of customization at scale
Veriti Management LLC , a direct indexing asset management and financial technology company serving institutions and wealth advisories, announces the availability of its new user interface, Console. Console streamlines tasks and minimizes the time required to create fully customized equity portfolios that focus on tax efficiency and are built to do good, all at a low cost.
“Like those that we serve, we believe that the future of financial services will be human. Still, advisors need fingertip access to robust software and tools that will allow them to meet their clients where they are, literally and figuratively. That’s why we’ve created Console.”
Through Console’s dashboard and dynamic environment, advisors are now able to sync client information with Veriti’s platform and database, minimizing the time needed to open and fund an account. Background information such as account size, tax rates and risk profiles immediately populate into Console’s client dashboard.
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Console’s interface and robust values data allows financial advisors to better understand their clients, and thus, connect the financial plans they create to the portfolios managed for them. Background, educational materials, and investment scenarios based on factors such as ESG and values-based investing allow advisors and clients to have thoughtful conversations on everything from tradeoffs to tracking errors to tax loss harvesting, and why each matter.
Now, through enhanced technology, intuitive workflows and constant performance monitoring, advisors can tilt toward ESG, remove specific sectors and/or countries, all with constant monitoring for potential portfolio trades or recommended rebalancing actions that can be executed by one click.
“Veriti has changed countless conversations with our clients – from where they begin and end, allowing us to deepen these relationships, even long-standing ones. Console’s interface has made it easier for us to shift sometimes awkward discussions from returns and performance to issues and values that help align their fabric to their portfolios while allowing to get to know them better,” said Gisle Sorli, CFP® and wealth advisor at Keel Point, an independent investment advisory firm with approximately $2.8 billion in assets under management. “Relationships with clients have become more mutually rewarding, especially when they’re able to describe their why when it comes to investing.”
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Console also delivers to advisors a contemporary dashboard that allows them to oversee thousands of client accounts simultaneously, but still maintain the ability to drill down to account level information and performance with ease.
“Risk, taxes and diversification have always been at the heart of portfolio construction, but increasingly, investors are demanding that their portfolios align with their values and they expect tax efficiency and personalization,” said Jim Dilworth, Co-Founder and Managing Partner at Veriti. “Like those that we serve, we believe that the future of financial services will be human. Still, advisors need fingertip access to robust software and tools that will allow them to meet their clients where they are, literally and figuratively. That’s why we’ve created Console.”
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