All Articles Finance Lockwood Advisors rolls out new American Funds objective-based portfolios

Lockwood Advisors rolls out new American Funds objective-based portfolios

Lockwood Advisors unveils portfolio offering built on American Funds

2 min read


Lockwood Advisors has launched a new portfolio offering built on American Funds. Dubbed the Lockwood/American Funds Core Portfolios, this offering provides a quality option for portfolio managers looking to harmonize both active and passive strategies.

The portfolios are objective-based and can be tailored to fit clients across life stages based on three underlying strategies focused on appreciation, balancing risk or conservative growth of assets.

Lockwood/American Funds Core Portfolios will be available to Managed360 user and Lockwood investment solutions.

“We are committed to bringing to market strategies that will help our clients meet the evolving demands of investors,” said Lockwood COO Joel Hempel. “This new solution brings together our portfolio construction capabilities with the American Funds family of mutual funds to provide our clients with a solution that will help them effectively manage investor goals across life cycles through a combination of active and passive strategies.”

Lockwood’s experience in building portfolios that combine actively managed mutual funds and ETFs goes back to 2003. The company’s current lineup of investment solutions includes unified managed accounts, third-party mutual fund/ETF model solutions, and both traditional and objective-based mutual fund/exchange traded fund wrap accounts.

“With our focus on low fees and a history of superior long-term outcomes, we believe American Funds will be an important ingredient in Lockwood’s portfolios designed to meet people’s real-life objectives,” said Bill Brady of Capital Group.

Lockwood, a BNY Mellon company, offers a turnkey separately managed account solution that provides users easy access to vetted managers under research coverage. Lockwood’s open-architecture separately managed account solution lets firms build investor portfolios with the flexibility to add new money managers. As of March, Lockwood had $7.4-plus billion in assets under management.