Today
A strong lineup, no tax-managed offer
An established product lineup, a trusted brand, and a strong track record, but no tax-managed portfolio offer.
For asset managers
The freedom to launch your own tax-managed portfolio offer
Quorus is the specialist infrastructure behind proprietary, tax-managed SMAs, model portfolios, UMAs, and long/short strategies, built on your strategies and sold under your brand.
Book a walkthroughThe preferred tax-managed SMA & model manager for WisdomTree.
WisdomTree, Inc. is an investor in Quorus and a client of Quorus for portfolio management services. It therefore has an economic interest in our success. This relationship can create conflicts of interest.
What if you didn't have to build a tax-managed offer yourself?
With Quorus
Your specialist sub-advisor, end to end
Quorus becomes your specialist sub-advisor, adapting your strategies into custom, tax-managed portfolios, designed and run end to end.
The outcome
Your own branded, tax-managed offer
An asset-manager-branded, tax-managed portfolio offer, without the operational overhead of managing systems or individual client portfolios.
A fully tax-managed, manager-traded portfolio offering.
Direct Indexing
Low-cost, common market-cap indices with a continuous tax overlay.
ExploreActive Equity
Single or blended active strategies run with a purpose built tax overlay.
ExploreTax-Managed Long-Short
Tax-aware long short at a range of levels, with flexibility to adjust the target alpha model to fit your models.
ExploreETF Model Portfolios
Tax-aware ETF model portfolio management with tax-loss harvesting and tax-aware rebalancing.
ExploreUnified Managed Accounts
Combine SMAs and ETF models in one account registration, with one tax overlay.
ExploreEverything a tax-managed offer needs, run by us
Custom tax overlay methodology
We assess your strategy's investment risk and build a tax-alpha methodology purpose-built for it, never a generic template.
Tax-loss harvesting
Losses are harvested in taxable accounts as part of the daily run, with replacements chosen to keep the portfolio true to your model.
Outsourced trading
We trade every client account as your sub-advisor, so each one stays managed to your model without adding portfolio management work for your team.
Tax-aware portfolio transitions
New accounts that arrive holding something else are brought onto your strategy through a tax-aware transition.
Advisor user interface
Advisors onboard accounts, set client constraints, and combine your models into custom portfolios, without pulling in your team.
Sales support
Manager-ready sales collateral and access to our subject matter experts, so your team can sell with confidence.
We start with your philosophy, not our template
We collaborate with portfolio management teams to understand the philosophy and process behind the target strategy, whether it's a third-party manager or an in-house active model.
Understand the process: sessions with portfolio managers to document how the strategy expresses its edge: holdings, turnover, and what is most critical to the alpha signal.
Model the taxable version: backtests translate the strategy into a taxable account and price the trade-off between harvesting intensity and drift.
Set the overlay parameters: harvest thresholds, replacement universe, and tracking-error budget are agreed with you before a single trade is placed.
You send the model. We run it in every account.
Nothing about how you run the strategy changes. We handle the custodians and the trading, across every account.
Asset managerDevelops the model
QuorusManages every portfolio to your model
Advisor accountsMany accounts, one model
What asset managers say
“Through Quorus’ innovative platform, we are expanding our reach to advisors who use SMAs. Most importantly, we’re expanding our Portfolio Solutions platform to offer advisors multiple ways to evolve and manage their portfolios to best meet their clients’ investing needs.”
Thomas SkrobeHead of Portfolio Solutions and Investment Strategy
WisdomTree Asset Management is an investor in Quorus and has an interest in Quorus’ financial success, which creates a material conflict of interest. WisdomTree also has a business relationship with Quorus as an asset-manager partner whose strategies Quorus implements. Neither WisdomTree nor Mr. Skrobe was compensated for this statement. This endorsement reflects the views of WisdomTree, is not a testimonial from a Quorus client, and may not be representative of the experience of other asset managers or advisers. It is no guarantee of future performance or success.
Built around your strategies, not a fixed platform.
Your investment process stays intact. We supply the institutional infrastructure and absorb the tax complexity, account by account so you can focus on asset gathering not operations.
Open Architecture
Flexible investment targets built off your models.
Robust Tax Management
Daily loss harvesting, capital gains budgets, tax aware portfolio transitions.
Institutional Infrastructure
Axioma based portfolio optimization process.
SEC-registered adviser
A registered investment adviser operating with discretion on a sub-advisory basis.
A team you can trust
Founded by portfolio managers and engineers from Vanguard and Jefferies, building the tax-managed infrastructure we always wished we had.
John Hill, CFA
Co-founder & CEOJohn leads our go-to-market work with asset-manager partners, supporting offer design, content, and sales. He spent a decade at Vanguard, where he pitched and built its direct-indexing product. CFA charterholder.
Scott Shumway
Co-founder & CTOScott has 15+ years of software experience across real estate, finance, and higher education. At Jefferies he led front-end development for the firm's internal data platform, supporting every business unit from wealth management to risk and compliance.
Kyle Birmingham, CFA
Co-founder & Head of Portfolio ManagementKyle oversees portfolio construction, investment research, tax methodology, and trading. He began his career at Vanguard in strategy and investment management, including overseeing its multi-billion-dollar active equity franchise. CFA charterholder.
FAQ
Frequently asked questions
Who is Quorus?
Quorus is a technology-enabled asset manager that partners with advisors and asset managers to run custom tax overlays for portfolios.
Which custodians does Quorus support?
Quorus is an approved money manager at Charles Schwab, Fidelity, BNY Pershing, Interactive Brokers, and TradePMR. Tax-managed long-short is available at Charles Schwab and Interactive Brokers.
How does Quorus harvest losses and avoid wash sales?
Quorus monitors accounts at the tax-lot level and harvests losses when they meet our criteria. Our optimizer weighs each loss or gain harvesting opportunity against the target strategy, and wash-sale rules are applied across household accounts.
How does onboarding work, and how long does it take?
Quorus and your firm sign a sub-advisory agreement, then we onboard your firm and models. Account setup takes a few days to two weeks. There is no firm minimum.
Who will be my point of contact at Quorus?
Advisors work directly with Quorus's portfolio managers and a dedicated customer service team, not a service queue. Portfolio managers are available for questions and client meetings.
Can accounts be customized with restrictions or values-based screens?
Yes. Advisors can restrict individual securities, exclude industries, and apply values-based screens, account by account. Restrictions can be added or changed at any time.
What does Quorus's security program cover?
Quorus uses Drata to monitor its security controls continuously and publishes a live trust report.
Due diligence and security teams can review the live report on Drata.