(HedgeCo.Net) Stewart Capital Advisors, LLC, a subsidiary of S&T Bank, has teamed up with HedgeCoVest LLC to add three new institutional-quality strategies to the HedgeCoVest Managed Accounts Platform and the SMArt Xchange (‘SMArtX’), a unified managed accounts platform available exclusively to SS&C Advent clients. The relationship with HedgeCoVest will offer access to three Stewart Capital domestic equity strategies for wealth advisors utilizing the HedgeCoVest and SMArtX platforms.
“We are excited to have our strategies included on the HedgeCoVest platform as we enter a new phase of our firm’s growth,” said Malcolm Polley, president and chief investment officer, Stewart Capital.
Utilizing its proprietary trading technology, HedgeCoVest allows clients to allocate assets to Stewart Capital’s strategies in a separately managed brokerage account. HedgeCoVest offers advisors real-time performance reporting and intra-day liquidity for both traditional and alternative strategies, while taking advantage of the benefits and transparency of a managed account. Three of our strategies are now available through HedgeCoVest and its white-labelled SMArtX platform, including the All Cap Equity, Mid Cap Equity, and Large Cap Value strategies.
“We are excited to expand the selection of investment strategies available to advisors, while remaining consistent with our approach of delivering high levels of liquidity, transparency, and security in the investment process,” said Evan Rapoport, CEO of HedgeCoVest. “Our vision and commitment to the highest industry standards are shared by Stewart Capital and we look forward to working with them to provide advisors with value-styled strategies.”
About Stewart Capital Advisors, LLC
Stewart Capital Advisors, LLC (SCA), a subsidiary of S&T Bank, is based in Indiana, Pennsylvania and is an SEC registered investment advisory firm specializing in the management of value-styled portfolios. SCA offers separate account management for public funds, corporations, endowments, foundations, and other subadvised accounts. Information provided by or about HedgeCoVest or SMArtX is believed to be reliable, but SCA takes no responsibility for its accuracy or completeness. For more information, visit stewartcap.com. SCA currently has over $1 billion in assets under management.
About HedgeCoVest LLC
HedgeCoVest is the creator of an award-winning, real-time investment platform that revolutionizes the managed-accounts industry. HedgeCoVest’s proprietary trading technology empowers wealth advisors with traditional and alternative institutional investment management in unified managed accounts, while providing liquidity, transparency, security, and flat fees.
About the SMArt Xchange
The SMArt Xchange (“SMArtX”) is a next generation unified managed accounts platform open exclusively to clients of SS&C Advent. SMArtX combines HedgeCoVest’s proprietary trading and managed accounts technology with SS&C Advent’s powerful suite of tools for wealth advisors.
