Broadridge Financial Solutions (NYSE:BR) Q1 2026 Earnings Call November 04, 2025 08:30 AM ET Speaker0Good day and welcome to Broadridge's Fiscal First Quarter twenty twenty six Earnings Conference Call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded. I would like now to turn the conference over to Mr.Edding Thibault, Head of Investor Relations. Please go ahead.Speaker1Thank you, Alan. Good morn ...

You have three major players in performance reporting: Orion, Black Diamond and Addepar. When you look at those three chassis, all of them do basic services. We just happen to cater to a higher net worth client base. We have clients that are billionaires. We have clients that are worth 10s of millions of dollars. But you don’t need to be a $200 million client to get the services that the billionaire would get, because that’s all part of the Summit ecosystem. You can’t do that with retailish technology.&nbsp ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Wealthtech platform Orion has introduced Tailored Allocation Portfolios, which combine the company’s direct indexing services with third-party model portfolios.  The models, featuring ETFs and mutual funds, are provided by First Trust Advisors, Janus Henderson and Russell Investments, with the expectation that more third-party managers will join the line-up at a later date. Orion Custom In ...

Core Insights - The firm emphasizes the importance of net returns after fees, taxes, and inflation, managing most fixed-income and equity assets in-house to avoid high third-party management fees [1][4][19] Client Relationships - The firm has significant client relationships, with an average household investment between $15 million and $30 million, and a median net worth exceeding $25 million [2] - Clients are typically multi-generational families with complex financial situations requiring tailored advisory services [2][3] Investment Strategy - The firm manages approximately $2.3 billion in assets under management (AUM) and serves around 130 families, often managing multiple family units [3][4] - Fixed-income strategies are tailored to individual client tax situations, allowing for tax-loss harvesting and investment in both taxable and tax-free bonds [5][6][7] - In equity markets, the firm employs direct indexing and tax-loss harvesting without incurring additional fees, aiming to outperform benchmarks like the Russell 1000 or S&P 500 [8][9][10] Private Markets Investment - The firm invests in private markets across four main areas: private real estate, private debt, private equity, and infrastructure, with some clients allocating up to 50% of their portfolios to these assets [12][13][14] - The firm has adapted to the evolving private markets landscape, utilizing both drawdown funds and evergreen funds to provide clients with liquidity and access to diverse investment opportunities [11][15][16] Manager Selection - The firm prefers established asset managers for private market investments, focusing on long-term relationships and thorough due diligence processes [20][21] - For fixed-income and equity investments, the firm primarily manages assets in-house but may utilize third-party managers for specific niches like mid-cap, small-cap, and international markets [17][18] Portfolio Management - The firm has a seven-person investment committee that meets weekly to discuss market outlooks and client allocations, with monthly market reports and quarterly webinars to keep clients informed [22][23] - Rebalancing of portfolios is typically assessed quarterly but executed during periods of market volatility [24] Cryptocurrency Investments - The firm assists clients interested in cryptocurrencies, primarily through ETFs or closed-end funds, while acknowledging the evolving nature of the cryptocurrency market [25][26] International Market Exposure - The firm maintains a home country bias in international investments, typically allocating 15% to 20% of portfolios to international assets, with a focus on emerging markets and currency exposure [27][28] Cash Management - The firm generally holds minimal cash in managed accounts, typically between 1% and 3%, influenced by client preferences for opportunistic investments [29]

Core Insights - The article discusses the launch of Evergreen Wealth, a new wealth management firm that combines traditional fiduciary advice with an AI-driven advice engine to enhance financial decision-making for clients with significant assets [4][5][6]. Company Overview - Evergreen Wealth is founded by Bill Harris, a seasoned entrepreneur with a background in finance and technology, including previous roles at PayPal and Intuit [5][4]. - The firm employs a team of 50 professionals and targets clients with a minimum of $250,000 in investable assets, focusing on those with a net worth between $1 million and $10 million [3][4]. AI Integration - The company utilizes a proprietary AI advice engine that integrates investment, tax, and financial databases to create personalized and tax-optimized portfolios [3][6]. - AI is used extensively for portfolio management, allowing for automated decision-making and trade execution, which enhances efficiency and complexity management [6][10]. Investment Strategy - Evergreen Wealth prioritizes direct indexing over traditional ETF or mutual fund investments, allowing for greater customization and tax efficiency [9]. - The firm employs daily tax loss harvesting strategies, making over 100,000 buy-sell decisions for each client daily, which significantly enhances tax optimization [10]. Client Personalization - The firm emphasizes a high level of personalization in investment strategies, taking into account individual client preferences, risk appetites, and specific investment concerns [11]. - The approach includes considerations for ESG (Environmental, Social, and Governance) factors, allowing clients to align their investments with their values [11].

We're seeing some pressure on Nvidia, right. Obviously, a lot of retail investors, a lot of institutional investors hold this company. Yeah.Did you expect these US trying to trade trade talks to actually have a market impact. Because I talked to a lot of traders. They said, "No, not really. It's kind of a non-event." Yeah, that'd be something I think gets shrugged off right away, but we'll we'll see as it develops whether or not it does get shrugged off or we head back to those all-time highs or this is mat ...

Wealthfront beats out Fidelity, Schwab and Vanguard when it comes to direct indexing and tax loss harvesting. https://t.co/mRmeE8WgRF https://t.co/TFbhnaigcQ ...