The TAMP will help expand advisors’ access to BlackRock’s private markets, direct indexing, and fixed income SMAs.

The collaboration, unveiled Wednesday morning, will enable advisors to access private markets, direct indexing, and fixed income SMAs through GeoWealth’s platform, alongside traditional ETFs

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Clarification

A lack of transparency and restrictions on access to private markets leave much to be desired from the new partnership announced Wednesday morning. With many financial advisors and investors seeking access to private markets, combining BlackRock's expertise in portfolio design with GeoWealth's platform doesn't necessarily guarantee easy access to this important asset class.

“We are excited to collaborate with BlackRock to unlock the next phase of our growth and deliver on key initiatives as we continue building on our proprietary technology,” said Colin Falls, CEO of GeoWealth, underscoring the partnership as a testament

Moreover, it's unclear how effectively this collaboration will realize the client needs for diversification, personalized strategies and tax efficiency that Eve Cout, head of portfolio design and solutions for BlackRock's U.S. wealth services business, says.

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