More than just an industry-leading, open architecture technology platform, Trident is a reflection of the three-pronged symbol that it represents. Warren’s technology was designed to support our effort to fulfill our fiduciary responsibility of overseeing:

1. The client relationship
2. The custodian function
3. The portfolio manager

 

Custody and Clearing

Warren Wealth Advisors uses the industry-leading services of Pershing Advisor Solutions (PAS) for the majority of our custody and clearing requirements. Pershing’s global capabilities are second to none. They execute on more than 65 exchanges, and facilitate the trading and conversion of nearly 50 currencies.

Our advisors can confidently move and manage financial assets in more than 60 markets worldwide with Pershing’s comprehensive array of custody services and have the ability to leverage the global trading power of Pershing Advisor Solutions.

Pershing Advisor Solutions is backed by the resources of its parent company, The Bank of New York Mellon, with $19.5 trillion in combined assets under custody and administration. Their affiliate, Pershing LLC, provides a complete range of tightly integrated, multicurrency capabilities that cover clearance, settlement, custody, and reporting.

Pershing’s trading desks are dedicated to serving independent registered investment advisors and make available seasoned traders who are ready to manage large trades and execute orders. We call on them for market insights, expertise in a particular asset class, assistance with allocations, or to enter an order. Warren’s advisors can also tap into their market knowledge and expertise in foreign equities, a wide range of dollar- and non-dollar-denominated debt instruments and are committed to execution quality.

Pershing’s platforms have been completely integrated with Warren’s Trident platform to put one of the most efficient, effective and informative tools in the industry at our advisors’ fingertips.

 

Custodian Neutral

Our relationship with Pershing is “our best foot forward” for custody and clearing; however, we understand that clients and advisors are increasingly looking for more flexibility and comfort.

Warren has the ability to be truly custodian neutral where the client can choose to put money or keep money where they feel comfortable. We are not locked in to one custodian and can change where appropriate. We choose the custodian for the right reasons (i.e., stability, transparency, efficiency, matches our global reach, etc.), not because it is convenient for the manager or brokerage firm.

 

Due Diligence

We understand that investment success over time depends on combining astute portfolio construction with effective due diligence. In a world where it is impossible to avoid market risk, Warren is committed to steer clear of manager risk, to as great an extent as possible.

Our third party due diligence process goes far beyond computer filters, boilerplate write-ups and superficial meetings. From the proprietary risk measure that calculates Loss Risk to a multi-factor weighting system and acclaimed manager meetings, our process approaches due diligence with the same rigor and intensity that a portfolio manager employs in picking stocks.

There is a powerful link between an investment firm, its people and its products. That is why our third party due diligence process analyzes investment advisors from multiple perspectives. In addition to understanding the cumulative process by which the firm makes its investment decisions, the process delves deeply into organizational, fiduciary, administrative, compliance and business strategy issues.

The process applies both qualitative and quantitative factors to evaluate a manager’s investment process, as it relates to the SMA marketplace. The methodology employs face-to-face evaluations with managers, computer filtering derived from our third party’s manager and product database, and situational elements that may vary in importance based on the client’s requirements.

 

Performance Reporting

Warren’s investment consultant conducts ongoing due diligence of all of the investment managers and provides detailed reporting on a regular basis. We have immediate access to information that is essential to the effective oversight of our clients’ portfolios. Warren produces quarterly reports that include clear and measurable information on performance, how we evaluate risk, and the managers’ adherence to specified investment constraints.

 

Consolidated Statements

Warren offers its clients comprehensive statements that provide detailed insight into positions, transactions, performance and the asset allocation of their investment portfolios. We have the ability to incorporate data from investments that may be held outside Warren in one, consolidated statement. This gives Warren—and the client—another tool to ensure that the portfolios are aligned with the defined investment objectives.