PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

Orion and Hiddenlevers announce first post-acquisition deal with Cardea Capital

Cardea Capital (CC), a USD3 billion, Atlanta-based RIA and turnkey asset management program (TAMP), will use the portfolio stress-testing and risk analytics of HiddenLevers, incorporated within the premier wealthtech platform of Orion Advisor Solutions. In just a matter of weeks after Orion announced its acquisition of HiddenLevers, CC signed on as the first new post-acquisition user of both firm’s technologies. 

Already using Orion as the core of their firm’s technology systems, CC plans to use HiddenLevers to augment their own TAMP offering, improve their portfolio management capabilities, and engage clients with interactive portfolio analysis and real-time stress-testing. 

“We are partnering with HiddenLevers to create an enhanced tech stack that efficiently manages a client’s risk through the stages of their life, and through the stages of the macro economy,” says Rob Schmidt, National Consulting Director at CC. “With the resurging market volatility and regulatory changes, leveraging Orion and HiddenLevers allows us to enhance the investment experience and provide greater customization to our investment advice.” 

Through their use of Orion, CC has already seen the benefits of efficiency and an improved client experience that comes when advisor technology follows and reinforces every step of an advisor’s work. HiddenLevers proved to be a natural choice as CC sought to showcase their fiduciary services and connect even more deeply with their clients’ priorities and financial goals. 

“The Cardea portfolio analytics team works themselves to the bone, and we wanted to translate that into a client experience – especially with savvier new relationships who want to see what we’ve got under the hood,” says Kendall Borchardt, President and CEO of CC. “HiddenLevers’ scenario analysis helps us breathe life into the risk/reward tradeoffs of our model portfolios, and ultimately our recommended allocations. After the past 12 months of rocky market conditions, our clients want to discuss what is happening out there, and HiddenLevers helps us do just that.” 

While Orion continues to integrate the risk analytics and business intelligence powers of HiddenLevers into its platform, CC does not have to wait to find immediate, practical use cases for HiddenLevers.  For the home office, HiddenLevers makes it easy to curate an interactive TAMP blender with the CC product shelf.  Cardea’s portfolio managers will use HiddenLevers’ allocator workflow to make allocation and trading execution simple within Orion. 

Cardea’s advisors now have access to interactive portfolio analysis, real-time stress testing with a continually updated library of economic scenarios, and HiddenLevers’ industry-leading investment proposals. The newest example scenarios include: 

  • US Reflation: A deep dive into current inflation indicators, the extent to which they present a lasting economic threat, and potential upsides, whether the US is headed toward a “Roaring ‘20s” or a “Stagnant ‘70s.” 
  • NASDAQ Moonshot: An examination of the rotation from growth to value stocks, potential pain from future tech valuations, and whether the “Covid playbook” of investing still applies. 

“At first CC wanted help with risk analysis on international holdings and due diligence tools for their investment committee. But hearing CC’s leadership talk about their bigger ambitions, it was a really good fit for our interactive recommendation construction and proposal gen,” says Clark Jeffries, Business Development lead for HiddenLevers on the deal. 

“There is hardly a better way for advisors to explain their models than against the visual macro backdrop offered by HiddenLevers,” says Eric Clarke, Founder and CEO of Orion. “The interactive storytelling and sound risk model let advisors show clients the good, bad, and ugly futures right alongside each other, and the potential impacts of each on their investments. This is how it’s done at the highest levels of private wealth management, and now that includes CC.” 

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured