The exclusive deal SMArtX cinched with Black Diamond is yielding Tiffany results, and now SmartX is hiring to keep up
Growth is not an option for the tiny West Palm Beach concern after its SS&C alliance after AUM all but doubles in recent months requiring more inventory, expertise and staff
Author Oisin Breen April 10, 2019 at 11:05 PM
Jeff Spears
April 11, 2019 — 12:40 PM
The legendary investor Peter Lynch would love this story. Most RIAs are sub $100 million and need a service like this one especially since fees have come down. Initially UMAs lacked money manager adoption. That problem was addressed and now lower fees and sowftware will drive the next growth spurt.
Related Moves
With $4 million VC raise fresh in hand, SMArtX takes next step to shed Black Diamond shadow by hiring a president/COO who casts his own
.Jonathan Pincus took overseen assets at Northern Trust from $3 billion to $70 billion at his Chicago firm and learned about SMartX after in his old role
May 22, 2020 at 9:36 PM
Mentioned in this article:
HedgeCoVest
TAMP
Top Executive: Evan Rapoport
Mercer Consumer
Insurance
SMArtX Advisory Solutions
TAMP
Top Executive: Evan Rapoport
