Outsourced Investment Management
FOR WEALTH MANAGERS
An enhanced suite of personalization capabilities and services that can be deployed in a flexible way to fit your business.
Vestmark VAST®, an innovative outsourced investment management service, enables advisors to create and propose diversified portfolios tailored to each client's unique investment preferences and tax circumstances.
VAST is a flexible, modular solution that can fit your firm’s specific needs, whether you are looking to promote the use of home office and other centrally managed strategies, outsource trading and rebalancing to not only save advisors' time but help manage enterprise risk, or enable your advisors to bring the potential benefits of direct indexing to more of their clients in a scalable way.
Learn what VAST can do for your business.
What makes VAST different?
Individualized Tax Management
Active tax overlay across entire portfolios with an integrated tax transition feature, simplifying the process for advisors and helping attract clients who have accounts with embedded gains. This includes an ability to capture a capital gains budget based on client-specific federal and state tax rates.
True Open Architecture Marketplace
Access to a wide array of investment strategies, including direct indexing, third party SMA managers, mutual funds, and ETFs together in one diversified portfolio. Vestmark Manager Marketplace (VMM) provides access to over 1000 third party SMA strategies via a single contract; curate your own list of managers, funds and ETFs or offer full access to all available strategies.
Time Savings and Revenue Growth
Provide your advisors with the tools and services to easily create differentiated portfolio solutions, helping them develop more personal client relationships, while also saving time and growing their businesses.
Flexible, Streamlined Implementation
Vestmark VAST can be implemented quickly and easily, at little to no cost to your firm. VAST can be deployed to fit your business in a flexible way, enabling your firm to control the advisor and client experience and allowing you to develop a unique, differentiated solution.
There are several investment-related risks associated with tax loss harvesting. There is potential that the tax loss harvesting may:(i) negatively affect the overall performance of an investor’s portfolio; and (ii) result in a temporary overweight and/or underweight of certain sectors, securities, and/or cash in an investor’s portfolio that influences performance, and VAS will not consider any other account that the investor may have. Tax-loss harvesting involves the risks that the new investment could perform worse than the original investment and that transaction costs could offset the tax benefit. VAS may repurchase securities after the end of the tax loss “wash sale” period at a price higher than that for which they were sold. Securities sold for the purpose of tax loss may or may not be repurchased by VAS following the 30-day wash sale period. VAS cannot prevent wash sales that may occur in other accounts besides the account to which the tax loss harvesting was applied. Furthermore, VAS cannot prevent wash sales that may occur due to investor or financial advisor requests that impact trading in the account.
