Orion Portfolio Solutions Reaches $6 Billion in Assets Under Administration, Achieves Record AUA Growth of 24% Over 1 Year Period
Credits Growth to the Success of Orion Portfolio Solutions MMS™
CINCINNATI, OH–(Marketwired – Jul 13, 2016) – Orion Portfolio Solutions announced today that it invests over $6 billion on behalf of its financial advisor clients. FTJ FundChoice, a national turnkey asset management program (TAMP) headquartered in Cincinnati, OH, credits its record annual growth and this recent milestone to the success of its proprietary portfolio construction program, MMS™.
Since the July 2015 launch of its MMS® program, Orion Portfolio Solution’s assets under administration (AUA) have grown 24.05%, increasing from $4.8B to $6B. The MMS™ program has resonated with its financial advisor clients due to its ease of use and its holistic approach to portfolio construction. MMS™ combines powerful technology with three different investing mandates helping advisors assess risk and construct portfolios built with market cycle endurance in mind. The MMS™ program incorporates Tactical Strategies that seek to perform well during sideways markets, non-correlated Diversifier Strategies for market downturns, and Strategic MMS™ that historically perform well in upward markets. All strategies are designed by carefully selected, industry-leading Strategists, and via MMS™‘ technology platform and FTJFC’s Advisor Portal, advisors can perform risk tolerance assessment, portfolio construction, and reporting, while maintaining a bird’s eye view on their entire book of business.
“Financial advisors today not only face the demands of a volatile marketplace, they also face a client-driven demand for incorporating technology into their practices,” said Dean Cook, President of Orion Portfolio Solutions. “We listen to our financial advisors and created MMS™ with them at the forefront of our minds. We are thrilled to see our MMS™ program resonate with our advisors and are honored to be a part of their journey as they grow their practices.”
Founded in 2001, Orion Portfolio Solutions provides financial advisors the ability to manage diversified mutual fund and ETF portfolios for their clients through access to leading investment managers in their Strategist Program. This year, Orion Portfolio Solutions expanded their program to include Single Ticker Strategies making Orion Portfolio Solutions the first major TAMP, over $5B AUA, to offer financial advisors access to alternative, Single Ticker ’40 Act Mutual Funds.
“We are dedicated to helping financial advisors grow their practices,” adds Cook. “By adding more strategies to our Market Movement Diversifier Mandate, we continue to arm our advisors with the tools they need to be successful in today’s market environment. We look forward to expanding on our proposition and evolving our service-based ethos of being good stewards for the thousands of advisors who rely on us each day.”
Orion Portfolio Solutions will host its annual Orion Portfolio Solutions Advisor Summit on September 20-21, 2016, at the Hyatt Regency Cincinnati. To register for the Advisor Summit, please visit www.ftjfcsummit.com. Members of the media that wish to attend please contact firstname.lastname@example.org.