Monday, July 15, 2024

SMArtX Advisory Solutions Appoints Dan Phillips as New Chief Investment Officer


SMArtX Advisory Solutions Selects Dan Phillips as Chief Investment Officer

In a stride towards strengthening its position in the managed accounts technology space, SMArtX Advisory Solutions announces the appointment of Daniel “Dan” Phillips as Chief Investment Officer (CIO). This strategic move is aimed at enriching the firm’s investment offerings and enhancing service delivery to its expanding client base.

Phillips, who brings with him nearly two decades of investment expertise, is set to lead the continued development and growth of SMArtX Investment Solutions. Reporting to him will be Pascal Roduit, SMArtX Chief Investment Strategist, who is tasked with maintaining the firm’s existing investment solutions relationships and overseeing the quarterly SMArtX Manager Select List.

Together, Phillips and Roduit intend to introduce new capabilities aimed at providing turnkey investment solutions, overlay management services, including multi-asset portfolio management, and a high level of concierge service aimed at supporting advisers across all aspects of investment management. Phillips will also take on the role of chair for the SMArtX Investment Policy Committee, a key component in the firm’s strategy for offering sophisticated investment solutions.

Jonathan Pincus, CEO of SMArtX, emphasized the importance of talent behind the firm’s achievements, stating, “It’s the talented people behind the scenes that make this all possible. Dan’s deep industry expertise coupled with his track record of innovation and delivering customized portfolio management at scale creates an exciting opportunity for SMArtX.”

Prior to joining SMArtX, Phillips served as Director of Asset Allocation Strategy at Northern Trust Asset Management, where he played a significant role in asset allocation processes, including development of capital market assumptions, strategic portfolios, and tactical positioning.

Expressing his enthusiasm about the new role, Phillips said, “I’m excited to be a part of the rapidly evolving fintech industry, especially at SMArtX with its state-of-the-art technology platform.” He is keen on leveraging advanced technologies to introduce innovative investment solutions to the SMArtX user community.

SMArtX stands as a frontrunner in managed account technology, with its award-winning platform designed to revamp legacy systems across the financial services industry. The firm prides itself on its technology that simplifies the investment management process for both enterprise and advisory clients.

Aaron Wormus, Chief Technology Officer at SMArtX, looks forward to Phillips’ contributions, stating, “Dan’s investment expertise will further our mission of bringing innovative investment applications to the SMArtX platform, enhancing the client experience, and ultimately saving the client time and money.”

Phillips’ collaboration with Brad Haag, Executive Vice President, Asset Management Solutions, ensures clients receive comprehensive support throughout the investment process, from strategy to implementation. Highlighting the depth of SMArtX’s investment offerings, Haag remarked on the significance of Phillips’ direction in crafting well-diversified portfolios tailored to client needs.

Phillips embarked on his financial industry career in 2005, following his graduation from the University of Iowa with a BBA in Finance and Economics. He is also a Chartered Financial Analyst and holds an MBA from the University of Chicago Booth School of Business, with concentrations in Finance, Economics, and International Business.

About SMArtX Advisory Solutions

SMArtX Advisory Solutions stands as an award-winning provider of managed accounts technology, driving innovation with its SMArtX turnkey asset management platform (TAMP). The company’s API-first, cloud-native technology is built on a modular, microservices architecture, tailored to meet the unique needs of its clients. Whether as a comprehensive TAMP for advisors or a licensed technology for enterprise firms, SMArtX delivers flexible solutions for managing client accounts, simplifying operations for RIAs, broker-dealers, asset managers, custodians, and fintech firms alike.

Jordan Clark
Jordan Clark
Jordan Clark brings a dynamic and investigative approach to business reporting. Holding a degree in Business Administration and a certification in Data Analysis, Jordan has an eye for detail and a knack for uncovering the stories behind the numbers. His career began in the bustling world of Silicon Valley startups, giving him firsthand experience in tech entrepreneurship and venture capital. Jordan's reports often focus on technology's impact on business, startup culture, and emerging

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