Potomac developed the service as part of its TAMP, Union, and quickly began to see the need for the service across the industry.
“We recognized the need for a standalone OCIO service when we began talking to other TAMPs,” said Jeff Goodnow, Chief Growth Officer. “The level of diligence and risk-management expertise required, when you’re sorting through thousands of models, cannot be understated.”
As an OCIO, Potomac will work closely with TAMPs and large advisory firms to sort and sift through thousands of model strategies, finding the best match for their client’s needs and risk tolerance.
In addition, Potomac provides access to its proprietary due diligence platform “Insight by Potomac” that functions as a centralized and consolidated database; saving time and increasing oversight.
“Everything we have built at Potomac is rooted in having a process, doing the proper diligence, and making sure risk management is front and center. With OCIO by Potomac, we’re bringing that together in a new way and equipping our partners to conquer risk,” said Goodnow.
For more information about OCIO services, visit OCIO by Potomac.
About Potomac Fund Management
Headquartered in Miami, Florida, Potomac Fund Management (“Potomac”) is an investment strategist firm for financial advisors.
With strategies available on numerous platforms, including Envestnet, Orion Portfolio Solutions, and the Union TAMP platform, Potomac supports advisors with the resources best suited for their individual businesses. Known for its technical analysis investment research, Potomac’s research team provides free daily reports and the Financial Advisor toolkit subscription, “Research by Potomac.”