The program is a component of Pershing Managed Account Solutions, offered through the Pershing’s affiliate, Lockwood Advisors.
The AdvisorFlex program utilizes resources of Lockwood and Standard & Poor’s Investment Advisory Services (SPIAS), allowing investors to create portfolios with a selection of suggested investments or pre-screened alternatives.
AdvisorFlex combines investment research and model allocations from SPIAS with ongoing investment review and oversight from Lockwood, with the goal of giving a selection of portfolios designed to meet a wide variety of investment objectives. The program’s portfolios are diversified at the asset class level and among different security types.
“Today’s advisers find themselves juggling the competing demands of prospecting for new business and providing day-to-day investment oversight for their clients’ portfolios,’ said Jim Seuffert, CEO of Pershing Managed Account Solutions. “AdvisorFlex offers our customers a highly disciplined portfolio construction and management process that will help them maximize their productivity and grow their practices.’