Blue Trust Launches Innovative Faith-Based Private Investing Platform
TL;DR
Blue Trust's new platform provides a unique opportunity for advisors to offer specialized investments, giving them an advantage in the private investing landscape.
The platform utilizes due diligence from Brightlight and cutting-edge technology from Mammoth to offer faith-aligned investments for clients.
This platform aims to make the world a better place by offering clients investments that align with their faith and values, enhancing their financial well-being.
Mammoth's technology creates a standardized process for advisors and clients, reducing costs and building trust in alternative investing.
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In a significant move for faith-based investing, Blue Trust has announced the launch of a new private investing platform in collaboration with Vident Asset Management, Brightlight, and Mammoth Technology. This innovative platform aims to provide advisors and clients with investment opportunities that align financial goals with faith and values, potentially transforming the private investing landscape.
The platform, designed for registered investment advisors (RIAs) and broker-dealers, offers a curated catalog of private investment funds that have undergone rigorous due diligence by Brightlight, an industry leader in ethical investment research. This approach ensures that all investment opportunities meet high standards of impact-driven criteria, addressing a growing demand for values-aligned investing options.
Mammoth Technology's cutting-edge infrastructure powers the platform, enabling seamless workflows and user experiences. The technology allows for a variety of funds to be offered through a unified experience while keeping costs low for investors and optimizing processes for advisory firms. This innovative approach could significantly enhance the accessibility and appeal of faith-based private investments.
Brian McClard, Chief Investment Officer of Blue Trust, emphasized the platform's potential to empower advisors in serving clients who wish to integrate their faith with their finances. With $59 billion in assets under advisement and over 10,000 clients, Blue Trust's adoption of this platform signals a substantial shift in the wealth management industry towards more personalized, values-driven investment options.
The platform's unique features, including Mammoth's ability to work with various fund managers while creating a standardized, white-labeled process, could set a new standard in alternative investing. By reducing costs and streamlining the onboarding process, the platform aims to build trust between advisors and clients while scaling operations efficiently.
This development comes at a time when faith-based and values-aligned investing is gaining traction in the financial world. The launch of such a comprehensive platform by a major wealth management firm like Blue Trust could accelerate this trend, potentially influencing how other financial institutions approach values-based investing in the future.
Curated from News Direct
