SMArtX Advisory Solutions provides proprietary managed accounts technology and an asset management platform. Its SMArtX platform offers traditional, alternative, and passive direct index strategies in a unified managed account structure. The firm also uses its proprietary trading and managed accounts technology to power SS&C Advent’s integrated unified managed account solution. Led by CEO Evan Rapoport and based in West Palm Beach, Fla., the company serves Registered Investment Advisors and Independent Broker/Dealers. SMArtX plans to use the new financing to expand tools for RIAs and IBDs and to develop enterprise solutions that enable customers to offer proprietary managed accounts programs to financial advisors. The company says these solutions will extend its proprietary technology and bring evolutionary functionality to the TAMP industry.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2020