State Street Global Advisors Partners with Ethic

State Street Global Advisors (SSGA), the asset management arm of State Street Corporation, announced that it has made an equity investment in Ethic, a technology-driven asset management platform that powers personalized, values-aligned, and tax-smart investing for financial intermediaries. SSGA and Ethic also announced a strategic partnership to deliver customized investment solutions at scale to SSGA’s institutional and financial intermediary clients. Key features of the partnership include:

 Innovative investment solutions – the creation and management of customized separately managed accounts (SMAs), model portfolios, and unified managed accounts (UMAs) powered by SSGA and Ethic.

Technology-driven experience – an engaging advisor and client experience, spanning unique proposal generation, portfolio transition plans, and reporting.

Customization with scale – a scalable platform that empowers intermediaries to create highly customized portfolios that seek to align with clients’ individual preferences, goals, and values.

 The shift toward personalization is reshaping the financial services industry, with investors increasingly expecting portfolios tailored to their individual values, risk tolerance, and tax situation. A recent SSGA study underscores this trend, revealing that nearly two  -thirds of U.S. investors want more personalized advice, while 85% of advisors believe tax personalization enhances a portfolio’s value proposition.