World Investment Advisors, a network of more than 350 advisors across the U.S., recently launched World Managed Account Platform, known as WorldMAP, a new open-architecture, multi-custodial investment and portfolio management platform.
According to a company statement, the new solution is designed to help World advisors save time, grow revenues, optimize outcomes for clients and provide added flexibility in how they manage their businesses.
“The launch of WorldMAP is a revolutionary step for our wealth platform, indicative of the investments we are making to create an elevated experience for our advisors and their clients,” said Troy Hammond, CEO of World Investment Advisors.
WorldMAP will include strategies created and managed by World’s in-house investment team, led by Chief Investment Officer Nate Garrison. These in-house models will be branded Cota Street and will consist of 10 strategies and more than 50 models at launch.
Advisors will also have access to models offered by other industry-leading strategists and a lineup of separately managed account (SMA) managers. Advisors who want to continue to manage their own models will be able to add those to the platform.
“Clients today – especially high-net-worth investors – are increasingly demanding solutions tailored to their goals and circumstances. WorldMAP delivers on our pledge to provide advisors with all the tools, services and solutions to differentiate themselves in the current hyper-competitive landscape,” added Hammond.
World has named former LPL Financial and Vestmark executive Lauren Yeaton Hunt to the role of Senior Vice President of Wealth Platforms and Partnerships. The 30-year veteran is tasked with helping facilitate the smooth launch of WorldMAP. She will also be responsible for all business-related decisions for the platform, as well as managing the relationships with industry strategists and SMA managers.
Last year, Pensionmark Financial Group rebranded to World Investment Advisors to better align with its parent company World Insurance Associates and reflects its plans to grow its business and become a top destination for independent wealth management practices.
