Pontera and Orion have established a new technology integration that will allow advisors to support their clients’ tax-deferred retirement accounts directly from Orion’s trading platform.
Advisors, centralized trading teams and outsourced chief investment officers using Orion for trading will gain the ability to perform household-level, tax-efficient and compliant rebalancing within clients' retirement accounts, while ensuring that portfolios remain aligned with clients’ objectives.
David Goldman, chief business officer at Pontera, said in a statement that his firm strives to deliver solutions that enable advisors to scale efficiently and drive better results for their clients. He said that striking this agreement with Orion would “simplify and elevate” portfolio management for firms focused on delivering bespoke investment solutions.
The integration, to be rolled out in phases, will be available more broadly later this year.
Pontera, then known as FeeX, and Orion announced their first integration in May 2021. That move provided advisors with visibility into clients’ held-away accounts but not trading authority. Looking ahead, the new trading-focused integration lays the groundwork for Pontera and Orion to support advisors that outsource portfolio management to grow their assets and provide end-clients with a comprehensive solution, according to the announcement.
Pontera has already established partnerships with a variety of retirement plan recordkeepers, although it recently saw its services disabled by Fidelity.
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