Vestmark, Inc., a portfolio management and trading solutions provider, and Invesco Ltd., a global investment management firm, have announced a partnership whereby RIAs using Invesco models will have access to Vestmark VAST®, a digital solution that allows users to create personalized tax-optimized portfolios at scale.
By offering RIAs a multi-manager, multi-asset approach, Invesco’s custom model portfolios are intended to adapt to evolving market conditions. Additionally, financial advisors can use Vestmark’s tax transition service to help with tax-efficient transitions of legacy positions from other accounts or firms.
Karl Roessner, Chief Executive Officer at Vestmark, welcomed the partnership, saying, “This partnership marks a significant step toward providing RIAs with innovative portfolio solutions, combining Invesco’s investment experience with Vestmark’s breakthrough tax transition and tax management service, VAST. We are confident that this strategic partnership will be a game-changer in the RIA channel.”
