The firm’s services are intended to help financial advisors who want to improve their client support.
Helios, a quantitative asset management firm providing an outsourced chief investment officer service, is launching trade execution services that are intended to improve the client support that financial advisors can offer, officials say.
The solution is “open to all registered investment advisors (RIAs) and advisors with GeoWealth access via their broker-dealer,” according to Helios.
The firm’s execution services are focused on industry concerns identified by advisors:
• Reducing Total Cost of Investing: Rather than use a traditional flat fee model, the Helios payment structure is based on basis points “directly withdrawn from clients’ accounts, ensures a transparent and clear billing approach. This shift aims to reduce the total cost of investing for clients;”
• Serving Smaller Advisors: “Helios acknowledges the financial constraints faced by smaller advisors and has tailored the service to eliminate the standard flat fee for those meeting specific criteria, making its high-quality asset management more accessible;”
• Creating Scalability: Helios offers this service “to create scale for advisors of any size who prefer not to handle trading independently, offering a cost-effective solution compared to traditional basis-point models, separately managed accounts (SMAs) and model marketplaces;” and
• Enhancing Client Experience: The firm offers the Insourced Chief Investment Officer (iCIO) model offers “capabilities that they have come to expect from Helios, combining its comprehensive quantitative investment management solutions, deep market research and leading-edge technology.
The execution services are “designed to further empower advisors while removing the financial barriers that traditionally apply,” says Jason Van Thiel, managing director of product at Helios, in a prepared statement.
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