WisdomTree woos more advisors with portfolio solutions offering

investmentnews.com:

WisdomTree is building on the momentum in its model portfolios business by rolling out a new suite of solutions for investment advisors.

The firm’s new portfolio solutions shelf, offered through its subsidiary, WisdomTree Asset Management, aims to enhance its collaboration with investment advisors with a structured framework for delivering portfolios, allowing them to either utilize WisdomTree’s model portfolios or select third-party providers.

“More and more, advisors are seeking help regarding their portfolios, and WisdomTree’s goal is to be their strongest partner in the delivery and management of their portfolios and growing their business,” Thomas Skrobe, head of product solutions at WisdomTree, said in a statement Tuesday.

Portfolio Solutions is designed with three key offerings. The first, Portfolio Consultations, provides a detailed evaluation of advisor-built model portfolios, including analysis of portfolio composition, stress testing, and assessment of holdings and overlaps.

The second offering, CIO-Managed Model Portfolios, gives advisors access to model portfolios managed by WisdomTree that are aimed at meeting various client investment goals. These can be implemented via model market centers or third-party platforms.

The third service, Shared CIO, allows advisors to collaborate with WisdomTree’s Model Investment Team to build and manage client portfolios, including the ability to delegate trading, rebalancing, and tax optimization.

As the first enhancement under its Portfolio Solutions offering, WisdomTree has rolled out a model portfolio filtering tool to help advisors find a WisdomTree CIO-managed model portfolio that suits their clients’ needs based on investment objective, risk profile, single- or