MyVest, a leading provider of enterprise wealth management technology, has delivered a series of enhancements to its Strategic Portfolio System™ (SPS) further strengthening its Unified Managed Account (UMA) offering. These enhancements will enable wealth management firms to strategically design and grow their UMA programs, tailored to their unique operating models.

MyVest’s SPS enables firms to future-proof their UMA programs as the only platform to simultaneously deliver: 

  • Householding: supports the implementation of a UMA-style strategy across more than one custodial account, with asset location, household-level wash sale management, completion portfolios and more.  
  • Enterprise-level tax overlay: provides industry-leading systematic tax overlay technology that considers the tax impact of all rebalancing and trading decisions.
  • Highly Configurable UMA Program Design: enables firms to configure every aspect of their UMA program(s) to meet business and segmentation needs.
  • Personalized Portfolios at Scale: automates the end-to-end delivery of personalized portfolios and customizations at scale.

Over the past year, MyVest enhanced its UMA offering with new capabilities, including decision-support tools with “What-If” analytics, interactive sleeve-level performance comparisons, and a portfolio heat map that flags drift visually and simplifies oversight. New platform configurability gives firms greater control over rebalancing, risk management, and cash management threshold conditions, tailored to each asset class.

MyVest also enhanced its Tax-Aware Portfolio Transitions capability to support onboarding new clients and streamlining portfolio transitions between managed account programs. Across the board, updates to the user experience have ranged from model management to trading tools, boosting efficiency for internal overlay managers and home office teams.

“Most UMA programs weren’t built for the complexity and customization wealth firms need today,” said Anton Honikman, CEO of MyVest. “We’re changing that. SPS empowers firms to break free from legacy constraints, take full control of their managed account programs, and deliver truly personalized, tax-aware portfolios at scale. This isn’t an upgrade. It’s a new standard.”

“Firms are under pressure to consolidate platforms, scale personalization, and deliver tax-aware advice, all while operating more efficiently,” said Alois Pirker, Founder & CEO of Pirker Partners Inc. “MyVest’s UMA offering is designed for flexibility and growth with SPS giving wealth management firms the foundation to evolve with the demands of tomorrow.”