BOSTON–(BUSINESS WIRE)–Grantham, Mayo, Van Otterloo & Co. LLC (GMO), a global investment manager, today announced the launch of Nebo (for needs-based optimization). Nebo is a new asset allocation and portfolio management technology platform for Registered Investment Advisors (RIAs) that streamlines and automates the process of delivering personalized portfolios to their clients.
Recently recognized as a finalist in the “Industry Disruptor” category of the WealthManagement.com Industry Awards, Nebo’s unique approach is based on the idea that the main investment risk for clients is not short-term market volatility. , but rather the lack of the financial resources you need, when you need them.
At the heart of the Nebo framework is a proprietary multi-period deficit optimizer that builds portfolios that minimize this critical risk. By doing so, advisors are able to directly align the client’s financial plan with their portfolio, resulting in portfolios better suited to each client’s needs and circumstances, all through an open-architecture platform. Now, with Nebo, advisors will finally be able to scale their financial planning and investing operations by having a comprehensive digital platform that can act as a system of record for their portfolio construction and management activities.
“Nebo allows advisors to maintain their investment philosophy while adding intellectual rigor to the choices they make for their clients and the tests they can perform to be sure those choices best meet their clients’ needs. said Martin Tarlie, a member of GMO’s asset allocation team. Nebo team and product manager.
Nebo was born out of nearly a decade of GMO research focused on solving optimal portfolio construction that seeks to minimize the risk of shortages, bolstered by a three-year process of user-led development with a cohort of early adopters. These RIAs provided valuable feedback and information, ensuring that Nebo meets the needs of fiduciary advisors.
“The launch of Nebo marks an important new chapter in deepening our relationships with RIAs through investment-focused solutions. Over the past few years, we’ve expanded advisor access to GMO strategies by making more GMO funds available on custody platforms. Introducing Nebo’s new approach will help advisors improve their clients’ financial well-being and achieve their financial goals,” said Managing Director Scott Hayward.
For more information about Nebo, please visit www.nebo-gmo.com or join Martin Tarlie and members of the Nebo team for the GMO exhibit at booth 434 at the Future Proof conference, being held in Huntington Beach, CA, September 11-14, 2022.
To learn more about the latest research and analysis from GMO to help advisors deliver personalized portfolios at scale, download the latest white paper.
GMO is a global investment manager that brings together focused expertise within our investment teams, cutting-edge research, and client solutions and services to advance our clients’ goals. Privately held and recognized for its belief in a long-term, value-based investment philosophy, GMO has partnered with institutions, family offices, wealth managers and consultants for over 40 years. For more information on GMOs, please visit www.gmo.com.