AssetMark Expands Direct Indexing Option for Advisors on UMA Platform

AssetMark is expanding its direct indexing platform with new separately managed account offerings, while lowering minimums on certain investment options. 

The direct indexing option will enable advisors to gain broader access to passive investment offerings and portfolio management within unified managed accounts. 

Through the program, advisors will be able to access AssetMark’s tax management services across index and active SMA strategies, which include tax optimization and settings across the full portfolio, AssetMark said. 

“No two clients have the same financial goals, tax considerations or investment preferences, and their portfolios should reflect those differences,” said David McNatt, chief wealth solutions officer at AssetMark. 

Similarly, last July, AssetMark announced its plan to launch an initiative to integrate private market investments into its managed solutions and discretionary platforms.

Through the initiative, advisors will gain access to semi-liquid, institutionally due-diligenced private funds within the Adhesion Wealth platform and managed UMA offerings. 

Recently, AssetMark launched its latest consulting service, AssetMark Growth Consulting, which is designed to help independent advisors accelerate organic growth and long-term practice value through a “structured, execution-focused” framework, the platform said.