OneVest to Offer a Suite of Vanguard’s Leading Low-Cost ETF Model Portfolios, Helping Modernize Model Portfolio Delivery
TORONTO–(BUSINESS WIRE)–OneVest, a leading wealth management technology company, today announced an exciting expansion to its Model Portfolio Marketplace, featuring the addition of Vanguard’s industry-leading suite of low-cost and high-quality ETFs.
Backed by almost 50 years of experience as a global leader in portfolio construction and indexing, Vanguard’s suite of strategic ETF model portfolios will provide OneVest customers with a professionally managed, globally diversified, and potentially tax-efficient investing experience.
OneVest’s Model Marketplace offers a seamless technology delivery along with a curated selection of institutionally managed investment solutions to financial institutions.
“By incorporating Vanguard’s ETFs into our Model Portfolio Marketplace, we are empowering our enterprise customers with the ability to offer institutional-grade investment solutions,” says Amar Ahluwalia, CEO of OneVest. “This allows us to further our commitment to providing advanced wealth management technology that delivers seamless, high-quality investment experiences.”
OneVest’s Model Marketplace is unique in the industry, as it is integrated into OneVest’s configurable wealth management platform. This enables personalization of experiences across investor segments and enterprise channels, while supported by powerful Unified Managed Account technology capabilities on the back-end.
“Vanguard’s core purpose that underpins all of our investment products is to take a stand for all investors, to treat them fairly, and to give them the best chance for investment success,” says Mario Cianfarani, Head of Sales and Distribution at Vanguard Investments Canada Inc. “By offering our asset allocation ETF models through OneVest’s platform, we aim to help investors access a broader range of low-cost and diversified portfolios with confidence and ease.”
OneVest’s Model Marketplace and access to Vanguard’s suite of ETFs helps reinforce OneVest’s mission to Power the World’s Wealth, and accelerate its commitment to delivering innovative, technology-driven investment solutions that prioritize performance, transparency, and cost efficiency.
About OneVest
OneVest is a financial technology company on a mission to power the world’s wealth. It offers an end-to-end wealth management platform, from client onboarding, to portfolio management, to analytics and beyond. OneVest’s software was built to be modular, allowing financial institutions to fill gaps in their process depending on their needs. For more information, please visit onevest.com
About Vanguard
Canadians own CAD $103 billion in Vanguard assets, including Canadian and U.S.-domiciled ETFs and Canadian mutual funds. Vanguard Investments Canada Inc. manages CAD $70 billion in assets (as of April 30, 2024) with 37 Canadian ETFs and six mutual funds currently available. The Vanguard Group, Inc. is one of the world’s largest investment management companies and a leading provider of company-sponsored retirement plan services. Vanguard manages USD $9.3 trillion (CAD $12.8 trillion) in global assets, including over USD $2.7 trillion (CAD $3.7 trillion) in global ETF assets (as of March 30, 2024). Vanguard has offices in the United States, Canada, Mexico, Europe and Australia. The firm offers 423 funds, including ETFs, to its more than 50 million investors worldwide.
Vanguard operates under a unique operating structure. Unlike firms that are publicly held or owned by a small group of individuals, The Vanguard Group, Inc. is owned by Vanguard’s U.S.-domiciled funds and ETFs. Those funds, in turn, are owned by Vanguard clients. This unique mutual structure aligns Vanguard interests with those of its investors and drives the culture, philosophy, and policies throughout the Vanguard organization worldwide. As a result, Canadian investors benefit from Vanguard’s stability and experience, low-cost investing, and client focus. For more information, please visit vanguard.ca.
Contacts
Emily Wexler
Director of Marketing, OneVest
[email protected]
