NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions.
The corrected release reads:
UNITED CAPITAL FORTIFIES ITS INDUSTRY-LEADING INVESTMENT MANAGEMENT
OFFERING WITH SPIDERROCK AND ICAPITAL NETWORK STRATEGIES
New
additions strengthen firm’s sophisticated defensive strategies at an
attractive price
United Capital Financial Advisers LLC (“United Capital”), the country’s first and largest financial life management firm, has created a sophisticated suite of defensive strategies in the U.S. With newly-added strategies from SpiderRock Advisors, LLC, and iCapital Network, the United Capital Investment Management platform rounds out a formidable suite of protective and tactical strategies offered with competitive fees.
United Capital has invested heavily in its investment management platform to provide exceptional defensive strategies to help safeguard the financial life goals of its clients, as they face the headwinds of market volatility in 2019 and beyond. United Capital’s size and scale allow it to offer a comprehensive, fully-managed index portfolio at a competitive cost. Third-party advisors who use United Capital Investment Management through FinLife Partners are able to access these strategies as well.
“When I joined the United Capital team nine months ago, I saw an opportunity to expand our investment management capabilities and drive down costs,” said Kara Murphy, chief investment officer for United Capital. “Thanks to our comprehensive approach, partnership with emerging portfolio managers with exceptional expertise, and leveraging our scale, we can give our clients access to strategies that have been favored by the largest institutions, endowments, foundations and family offices for decades.”
Safeguarding financial lives through new defensive strategies
Murphy and her team identified a demand for additional defensive strategies to complement United Capital’s wide selection of tactical asset allocation strategies. To aid advisors in this goal, United Capital has partnered with SpiderRock Advisors and iCapital Network. SpiderRock offers options overlays which have an objective to provide additional income and mitigate investment risk. iCapital Network offers access to institutional-quality alternative investment strategies such as private equity and hedge funds in a number of different structures to increase diversification and potentially reduce portfolio volatility for qualified investors.
SpiderRock’s options strategies, which will be managed by SpiderRock as a sub-adviser for United Capital, attempt to shield clients from market volatility with a suite of customizable strategies as overlays for existing portfolios. These strategies may create a compelling alternative to simply selling stocks or increasing fixed income exposure to mitigate risk. SpiderRock’s customizable options strategies may also help clients earn additional income on their investments, enable wealth migration for beneficiaries and assist in strategic liquidation to optimize exposure to capital gains taxes.
The United Capital Investment Management platform now also supports alternative investment strategies from iCapital, providing access to uncorrelated assets that offer the potential for return enhancement, diversification, or capital preservation when added to a traditional portfolio of stocks and bonds. iCapital’s tech-enabled investing process and curated set of strategies, which includes private equity, hedge, private credit and real estate funds, have integrated seamlessly with United Capital’s leading technology platform, creating new avenues for portfolio enhancement.
Guidance-driven, client-first investing
These defensive strategies play an integral part in the financial life management process pioneered by United Capital. Guidance-driven investing forms the bedrock of United Capital’s investment management. By understanding the financial life goals of clients, advisors can use the platform to build a financial plan and a personalized portfolio that aligns with clients’ individual goals, priorities and preferences. The platform matches clients with the strategies and tradeoffs that make the most sense for them.
United Capital’s investment platform is based on incorporating partnerships with the largest institutional investment firms where size and scale matters. The platform also sources unique, emerging managers to direct proprietary strategies with innovative structures and investment philosophies. This results in a platform with a broad variety of choices for clients and advisers, including low-cost index-focused core strategies, as well as an array of satellite approaches, including protection-focused strategies that seek to limit downside risk, tactical strategies that may take advantage of market changes, and performance-oriented strategies that seek to outperform the market over the long term.
In combining both approaches - guidance-based investing and a process that seeks best-of-breed institutional managers - United Capital offers clients a financial planning and investment management process that is substantially personalized and differentiated than anything else in the market.
“We’ve built our investment management platform around the idea that money is the fuel for the lives our clients want to live,” Murphy said. “As we look ahead to 2019, we believe our selection of best-in-breed strategies and competitive fees will allow our clients to live richly.”
To learn more about how United Capital Investment Management powers the asset management strategies of FinLife Partners, click here.
Investing involves risk and clients should carefully consider their own investment objectives and never rely on any single chart, graph or marketing piece to make decisions. The information contained herein is intended for information only, is not a recommendation to buy or sell any securities, and should not be considered investment advice. Please contact your financial adviser with questions about your specific needs and circumstances. Options trading is not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Certain complex options strategies carry additional risk. Prior to buying or selling an option, an investor must read "Characteristics and Risks of Standardized Options. Tactical Asset allocation strategy is not appropriate for every investor due to its potential higher tax liabilities. Active trading typically increases the tax costs associated with such a portfolio. Investing in alternative assets involves higher risks than traditional investments and are suitable only for the long term. They are not tax efficient and have higher fees than traditional investments. They may also be highly leveraged and engage in speculative investment techniques, which can magnify the potential for investment loss or gain. Equity, fixed income and cash are considered “traditional” asset classes. The term “alternative” describes all non-traditional asset classes. They include private and public equity, venture capital, hedge funds, real estate, commodities, distressed debt and more.
About United Capital Financial Partners
United Capital Financial Partners, Inc., the parent company of United Capital Financial Advisers, LLC (“United Capital”) and its consulting affiliate, is an independent financial life management firm, ranked #2 in the Barron’s 2018 list of Top 40 Independent advisory firms. United Capital is a registered investment adviser (RIA) offering clients objective advice and an open architecture platform that enables a wide array of investment management solutions tailored specifically to client needs. Today, United Capital has approximately $22.8 billion in assets under management and 94 offices nationwide. For more information, please visit www.unitedcp.com. United Capital is under separate ownership from any other named entity.
About SpiderRock Advisors
SpiderRock Advisors, LLC, headquartered in Chicago, is a tech-enabled asset manager focused exclusively on option strategies. Combining world-class technology with comprehensive derivative expertise, SpiderRock is making it easy for financial advisors and institutions to add option strategies to their portfolios.
About iCapital Network
iCapital Network is the financial technology platform that is changing the way alternative investments are bought and sold with complete tech-based solutions for advisors, their clients and asset managers. The firm’s flagship platform offers advisors and their clients a curated menu of private equity and hedge funds at lower minimums with a full suite of due diligence and administrative support in a secure digital environment. Banks and asset managers leverage iCapital’s tech-enabled services to streamline and scale their private investments operational infrastructure. iCapital was included in the 2018 and 2019 Forbes FinTech 50 and as of December 2018 serviced more than $8 billion in invested capital across more than 14,000 underlying accounts.
For additional information, please visit the Company’s website at www.icapitalnetwork.com | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Twitter: @icapitalnetwork | Facebook: https://www.facebook.com/icapitalnetwork/
