Tidal Financial Group and FundVantage Trust have announced a strategic partnership, designed to simplify and accelerate ETF creation for investment advisers.
The firms write that with ETFs projected to grow in the US by 75 per cent and reach USD18 trillion in AUM by 2029, advisers are increasingly seeking platforms that provide not only operational scale but also strategic guidance.
“By combining Tidal’s market-leading full-stack offering capabilities from product development support to launch, managing, trading and marketing support with Fund Vantage’s turnkey trust structure and governance, the two firms are delivering an exceptional pathway for advisers to bring new ETF solutions to market.”
“We are excited to partner with Tidal to expand the resources available to investment advisers looking to bring new ETF solutions to market,” says Nick Marsini, Chairman of FundVantage Trust. “By combining Tidal’s deep experience in trading with FundVantage’s turnkey trust structure, we are creating a leading platform that liberates advisers from administrative tasks, so they can prioritize clients and launch new investment products.”
Through this collaboration, Tidal and FundVantage Trust say that they will integrate their services to provide advisers with a streamlined, end-to-end route to market.
The offering spans trust services, fund administration, compliance, governance, trading, and marketing under a single, scalable umbrella. “The ETF industry is at an inflection point, and advisers need scalable solutions to participate in its growth and efficiency,” adds Gui Trias, Chief Executive Officer at Tidal Financial Group. “Together with FundVantage, we’re helping advisers bring differentiated strategies to market faster, with confidence and support at every stage.”
As part of the agreement, JW Fund Management, LLC – the fund management organisation supporting FundVantage Trust and representing USD13 billion in assets under service – will join Tidal Financial Group. Joel Weiss, President and CEO of FundVantage Trust, will continue in his current role while also serving as SVP of Board Management Services at Tidal.
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