MyVest, a prominent provider of enterprise wealth management technology, has collaborated with InvestSuite, a global B2B InvestTech company, to enable custom model portfolio construction and scalable management for wealth management firms and advisors.The integration allows home offices and advisors greater control over developing custom investment models through InvestSuite’s advanced tools, making them accessible within MyVest’s Strategic Portfolio System (SPS) Model Management module. These custom models can be utilized alongside diverse investment vehicles within MyVest’s SPS, including mutual funds, ETFs, SMAs, and other third-party models, to facilitate the creation of personalized, multi-asset class strategies.Advisors are now able to combine home office models with custom models built using the InvestSuite system. MyVest’s implementation engine then optimizes the entire portfolio for tax impact, risk, and alignment with client-specific personalizations. This partnership aims to simplify the process for firms to develop and widely deploy custom models that incorporate direct indexing and tax management capabilities.Additionally, InvestSuite offers its proprietary portfolio construction methodology, InvestSuite Value at Risk (iVaR), as an option. This human-centric risk measure focuses on controlling against losses and recovery time, differing from traditional symmetrical variance measures, which could enable clients to offer a distinct direct indexing service.Brian Marchiel, Chief Product Officer of MyVest, stated, “InvestSuite’s and MyVest’s complementary strengths combine to give wealth management firms the opportunity to align unique client circumstances with tax-aware implementation at scale.”David Connor, Managing Director of InvestSuite, commented, “Working with MyVest is allowing us to close the gap between personalization and implementation. This partnership brings together two platforms with a shared vision: empowering advisors and institutions to deliver modern, customized investment experiences that are both scalable and cost-effective.”MyVest, a subsidiary of TIAA since 2016 and headquartered in San Francisco, specializes in enterprise wealth management technology designed for client-centric advice and scalable personalized portfolios. InvestSuite is a B2B InvestTech company offering white-label and API-based investment solutions aimed at accelerating digital wealth transformation for financial institutions and enhancing customer investment experiences. The company emphasizes a scientific approach to performance and analysis, translating data into actionable insights.