Ari Rosenbaum, Director of Client Wealth Solutions for Canvas Custom Indexing, joined Julie Cooling, Founder and CEO of RIA Channel, to discuss the integration of direct indexing with fixed income and options strategies.
O’Shaughnessy Asset Management (OSAM) has offered quantitative portfolio management in separately managed accounts (SMAs) for RIAs since the 1990s. OSAM launched Canvas Custom Indexing in 2019, allowing advisors to use the technology solutions developed by OSAM’s portfolio management team to build custom index platforms.
It can be difficult to build customization at scale, but technological advances have made this more feasible. Direct indexing and declining commissions democratize tax loss harvesting. All advisor workflows in Canvas Custom Indexing are available online.
The most popular option is a passive large-cap US stock index portfolio, but advisors can customize portfolios for market cap, geography, and active strategies and even add fixed income, municipal bonds, and options strategies. Portfolios offer tax loss harvesting on a real-time basis.
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