Feature · what this software actually does
Direct indexing overlay
Replicates an index at the security level with active TLH and per-client constraints (ESG, restrictions, concentration).
automatedRuns unattended; humans handle exceptions.
Vendors that ship this
Leaders
- Smartleaf
- Geowealth
Adjacent
- Blackrock Aladdin Wealth
- Vise
- Envestnet Tamarac
Build vs buy verdict
hybrid
TAMP wrappers handle this for most firms; the build-it-in-house play only makes sense at $1B+ where the fee giveup is real.
Skills it exercises
Roles that touch it
Where it shows up in the workflow
- Tax-aware lot selection & wash-sale guarddailyProposed trades respect ST/LT gain limits, holding-period rules, and cross-account wash-sale windows.
Most relevant for
- HNW
- UHNW
- Family Office
Test yourself · topic quizTuned · Investment Management
Multiple-choice — different from any drill above.
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