Typically, you have had two choices when it comes to investing your assets: either a selection of mutual funds or participation in a separate account manager’s platform. Mutual funds deliver easy diversification and asset class representation, but they are tax-inefficient and may have high embedded fees. And mutual funds can’t be customized to fit with a client’s social conscience. Separately managed accounts are more tax-efficient, with customization options, but high asset minimums and an expensive infrastructure create a new set of challenges.

Probity Multi-Manager Overlay Platform is a comprehensive investment alternative. This platform uses sub-manager models to manage individual asset classes, while Probity Advisors oversees asset class exposure, manager selection, cost minimization, tax harvesting, and customization. As a result, we can deliver a truly customized, multi-manager, multi-asset-class, tax-efficient portfolio – all in one account.

Unlike traditional separate account manager programs that silo the assets assigned to each manager, the overlay structure enables Probity Advisors to act as the master manager. We blend third-party provider models with those of our own managers to build a customized, efficient portfolio for each client.

The true beauty of this hybrid structure is that it retains the manager specialization seen in a mutual fund or a separately managed account, without each manager operating independently of the other. This structure optimizes diversified investments in a single account, reduces overall cost by minimizing management layers, controls risk, increases scalability, and actively manages tax risks. Just as important, it enables customized portfolio management with a lower minimum account size. This Probity Advisors platform makes client-centric investment solutions a reality for mainstream investors. It’s simply smarter.