UX Wealth Partners

The top of the stack, founded in 2020. A turnkey asset management platform built on one argument: independence should not cost you the infrastructure.

What it is

UX Wealth Partners is a turnkey asset management platform — a TAMP — built for independent registered investment advisors. It was founded in 2020 and is based in Centennial, Colorado.

A TAMP takes the operational weight of running money off an advisory firm: portfolio management, trading and rebalancing, performance reporting, billing, and the documentation that supports all of it. The advisor keeps the client relationship and the firm.

Why it exists

It exists for the advisor who left a large firm to own the book and, eighteen months later, is its operations department. Independent firms carry the same obligations as large ones with a fraction of the machinery, and the industry treated that as the cost of independence.

The platform is the delivery layer for THOR’s systematic strategies and riskDNA’s analytics, packaged so a three-person firm does not have to integrate them.

What it does not do

It does not replace the advisor. It does not hold the client relationship, and it is not designed for a firm that wants to outsource judgment rather than operations.

It is a poor fit for three firms: the one whose product is bespoke security selection, because a systematic platform works against that; the one for which the platform fee would be a larger line than what it spends on the same functions today; and the one that already runs its operations well and enjoys it. All three should keep doing what they do.

A TAMP should remove the constraint that makes you the operations department. It should not remove you from the relationship.

How the platform is paid

UX Wealth Partners is paid by the asset managers whose strategies are available on its platform. That is a conflict of interest: the platform earns from the firms whose products an advisor can select on it. Advisors choose from hundreds of models on the platform, and none of them is required to use THOR strategies.

My role

Co-founder, president, and chief executive. That covers product direction, partnerships, and the technology roadmap. Brad Roth is the chief investment officer here as well as at THOR — the same person runs the investment function at the strategist and at the platform.

Recognition

UX Wealth Partners was included in The Wealth Advisor’s America’s Best TAMPs guide, published September 2024. Compensation was paid in connection with that listing.

What the listing measures, who publishes it, and how much weight to give it is set out on the recognition page.

Where to take it

Questions about the platform — fit, cost, onboarding, leaving — go to uxwp.com: the pricing page states how the fee is quoted, and the intro call there is with me.