The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Private Advisor Group, WealthSuite
This week, wealth management firm Private Advisor Group said that First Trust Advisors has joined its investment management platform WealthSuite.

WealthSuite is an investment management platform designed to streamline portfolio management and enhance client experiences. Advisors on the platform can now access curated investment strategies from First Trust alongside offerings from BlackRock, Fidelity Institutional Wealth Adviser, Invesco, Orion Advisor Solutions, and WisdomTree. 

First Trust brings a suite of exchange-traded fund models to WealthSuite. 

"WealthSuite is a great approach for advisors looking to outsource portfolio management functions to drive growth and free up capacity," James Sullivan, Private Advisor Group's head of advisor advocacy and technology, said. "With the addition of First Trust to our proprietary platform, advisors have additional curated models they can choose from to complement existing strategies for their clients."

WealthSuite was launched in October 2022. Private Advisor Group was founded in 1997 in New Jersey; it has more than $35.2 billion in AuM. 

Quantum Advisors
Quantum Advisors, a Mumbai, India-based firm, has launched the Q India Equity Fund, aimed at individual and institutional investors based in the US.

The fund is organized as a non-diversified series of Unified Series Trust. The fund will be distributed by Ultimus Fund Distributor, Quantum Advisors said in a statement. 

Applying Quantum Advisors’ proprietary Integrity Screen, introduced in 1996, to weed out poorly governed companies and assess valuation metrics.

The new fund, which aims to generate long-term capital appreciation by investing in liquid stocks, will typically include 25 to 40 stocks. It builds on Quantum Advisors’ almost 25-year track record with the Q India Value Equity Strategy.

All stocks in the portfolio must trade at least $1 million per day, ensuring a liquid and a scalable portfolio, Quantum Advisors said.