GeoWealth adds Franklin Templeton Models to its platform

By Edlyn Cardoza

GeoWealth, a modern turnkey asset management program (TAMP) built for advisors, recently announced the availability of Franklin Templeton Model Portfolios on its platform. GeoWealth’s open-architecture platform supports advisor-managed and third-party model portfolios, enabling RIAs to achieve and maintain scale while delivering custom solutions to investors.

Franklin Templeton Investment Solutions (FTIS) manages the multi-asset model portfolios and represent their best thinking in model portfolio construction and underlying fund selection. The models are managed to help RIAs on the GeoWealth platform to build, implement, and maintain portfolios attuned to client risk profiles across asset class, style, sector, and region with the end goal of producing superior risk-adjusted returns.

The Franklin Templeton Core Multi-Manager Model series includes eight target allocation portfolios and an “Alternative Completion” model for advisors seeking the benefit of liquid alternatives in client portfolios. The Franklin Templeton Core Multi-Manager series allocates to a well-regarded mix of underlying funds from Franklin Templeton’s specialist investment managers as well as active third-party managers. The models utilize a mix of active and passive vehicles to achieve desired portfolio exposures cost-effectively.

“Today’s investors are seeking diversification and proper risk management to reach their financial goals,” said Colin Falls, President of GeoWealth. “At the same time, RIAs enjoy the power of choice and the ability to build models as they see fit, given an investor’s appetite for risk. Our purpose-built platform provides the flexibility for advisors to blend advisor-managed and third-party models in the RIA way, maintaining control, branding, and customization.”

FTIS manages $137 billion in assets (as of June 30, 2021), specializing in strategic asset allocation and tactical positioning, fundamental and quantitative research, active integration, and risk management. ​Franklin Templeton has been managing multi-asset portfolios for more than 70 years and has been delivering custom model portfolios since 1999. Today, FTIS constructs customized model portfolios for a variety of investor goals and objectives. The Multi-Manager Core Allocation models are the most popular model series from FTIS.

“As markets will always present new challenges, contemporary advisors realize that they need modern, efficient investment solutions,” said Tyler Porterfield, SVP & Head of Private Wealth Platforms at Franklin Templeton. “Partnering with firms like GeoWealth that are focused on meeting advisors’ technology, investment management, and back-office needs helps us in our continual effort toward delivering better choice and outcomes for advisors and their clients via diversification across asset classes and approaches.”

Recently, IBS Intelligence reported that GeoWealth, is introduced new features of its new Advisor Service Center, which first launched in early 2020.