Little Rock, Arkansas-based RIA Sowell Management partnered with asset management firm Rayliant to expand Sowell’s Outsourced Chief Investment Officer platform. The move is expected to enhance Sowell’s asset management capabilities by combining it with Rayliant’s research and global perspective.
As part of the partnership, Jason Hsu, Founder and Chairman of Rayliant, will assume the role of Chief Investment Strategist for Sowell, where, according to a firm press release, he will collaborate with the firm’s OCIO team to develop an enhanced investment process.
“The most successful financial advisors realize that their greatest value to clients is devoting time to financial planning and relationship building, not on the ever-increasing complexities of investment management,” said Bill Sowell, CEO of Sowell Management. “Outsourcing this time-consuming yet vital process has been central to our philosophy since our founding.”
He continued, “Partnering with Rayliant and Jason Hsu — a pioneer in smart beta investing — marks the next step in empowering our advisors with investment solutions that are as credible as they are innovative.”
“Over the last decade, Rayliant has partnered with advisors to bring institutional-quality investing to wealth management,” said Hsu. “During that same time, Sowell has helped countless advisors succeed by providing high-touch, turnkey OCIO services. Our partnership brings together the best of both worlds, Rayliant’s institutional asset allocation strategies using smart beta ETFs delivered through Sowell’s white-glove concierge platform, built as the ‘easy button’ for advisors.”
Founded in 2001, Sowell is a privately held RIA with $6 billion in client assets as of September.
Rayliant Investment Research, founded in 2016, specializes in dynamic asset allocation, systematic ETFs and alternative investments. The firm offers globally diversified portfolios that leverage behavioral finance, data science and fundamental insights. It applies quantitative methods in an attempt to uncover unique signals and construct high-conviction models and portfolios.
Michael Madden, Contributing Editor and Research Analyst at Wealth Solutions Report, can be reached at michael.madden@wealthsolutionsreport.com.
