Orion Advisor Options has added 5 actively managed fixed-income, individually managed account methods from AllianceBernstein to its platform that concentrate on municipal bonds.

The transfer comes after Orion launched indexing options that enable advisors to customise fairness portfolios.

“We’re always innovating our expertise and funding choices,” mentioned Ryan Seaside, president of Orion Wealth Administration in an e mail. “We wished to supply this identical degree of customization within the mounted revenue setting and determined to herald AllianceBernstein as a accomplice as their technique within the mounted revenue area carefully matched what we had been doing within the fairness area.”

Orion might be providing AB Tax Conscious SMA, AB Municipal Earnings SMA, AB Municipal Affect SMA, AB Excessive High quality Municipal SMA, and AB Municipal Ladders SMA on its platform. The 5 methods encompass greater than $41 billion in belongings.

The corporate says the merchandise are a part of an effort to extend choices desired by high-net-worth purchasers.

As well as, Orion was in search of a specific suite of merchandise when it partnered with AllianceBernstein, in accordance with Mike Capella, head of the RIA, IBD and financial institution channel at AllianceBernstein.

“They wished a fixed-income-only or a municipal-specific supervisor to affix the platform to assist them construct out capabilities,” he mentioned.

The 5 methods look to generate tax-efficient revenue and progress, Capella added. AB Tax Conscious seeks out the most effective after-tax returns for an investor’s portfolio whereas taking into consideration sure particulars such because the investor’s tax price and residential state.

AB Municipal Earnings operates equally to Tax Conscious by offering entry to municipal credit score with out permitting for crossover trades, he mentioned. In the meantime, AB Municipal Affect invests in bonds that ship a constructive impression on underprivileged socio-economic areas, in accordance with Capella.

AB Excessive High quality Municipal SMA and AB Municipal Ladders SMA each supply high-quality A-rated bonds, he mentioned.

As a part of the settlement, AllianceBernstein will present instructional supplies and instruments to assist advisors have interaction purchasers within the municipal area. The agency additionally supplies numerous scorecards to display the worth of the AB portfolios on a consumer’s general portfolio, Capella mentioned.