Riskalyze Selects Rowboat Advisors for “Intelligent Tax Optimization” Technology Development
Summary
Intelligent Tax Optimization is available with Riskalyze’s Autopilot Trading platform and will make it even easier for advisors acting as a fiduciary to keep client accounts on track. “We are very excited and honored to partner with Riskalyze in the development of their tax efficient trading technology,” said Iraklis Kourtidis, co-founder and CEO of Rowboat Advisors. “In order to prepare the industry for the implementation of Reg BI, we’ve made a concerted effort across the platform to develop critical new tools and capabilities to support advisors in acting in clients’ best interests,” said Aaron Klein, CEO of Riskalyze. Prior to founding Rowboat Advisors, Kourtidis was the lead engineer who built the first fully automated version of direct indexing with tax loss harvesting for Wealthfront in 2013. Advisors, broker-dealers, RIAs and asset managers use the Riskalyze platform to create alignment between clients and portfolios, leverage sophisticated analytics to increase the quality of their advice, automate trading and client account management, and access world-class models and research in the Riskalyze Partner Store — all with the mission of empowering the world to invest fearlessly.