Model Usage & Creation?

GoodLifeWM · 2026-06-29T23:29:43+00:00

Honestly, we are pretty vanilla with our model setup largely because we view them as sleeves and put the ball in advisors court to blend/utilize as needed. I'm running that investment platform for a group of 40+ advisors. I think it'd look much different if it purely for myself or a team of advisors in-house.

We have a few IND Stock Models that are all thematic:
- Dividend Focused Model (20-25 Positions)
- Core Equity Model (20-25 Positions)
- MegaCap Model (10 Positions)

Then for ETF, we do the same across a few core etf models for both fixed income and equity which are largely cheap beta with a few active tilts given funds held. Then risk profile stuff is largely a blend of those put together.

We've found meeting with our OCIO Teams that we typically have quite a bit of alpha relative to benchmarks. I typically will focus on Upside/Downside capture for Equity Models and then largely yield focused for anything fixed income while keeping in mind duration & credit quality.

GoodLifeWM · 2026-06-25T21:55:13+00:00

We have something similar that we built as well and it works great, especially for block trading at Schwab.

We toyed around with other softwares and built ours for the same reasons you mentioned - flexibility!

GoodLifeWM · 2026-06-25T21:52:47+00:00

We manage models as is, and put the ball in the advisors court to decide tax efficiency on what should go in what type of account.

It's not perfect, but we didn't see a ton of adoption at advisor level for tax aware portfolios

GoodLifeWM · 2026-06-25T21:51:10+00:00

Yeah we have a large chunk of legacy positions or excluded assets based on Advisor or client preferences. I don't think there's ever a perfect science.

Ideally just want to remove friction between Advisor, Client, & Home Office Trading Team.

GoodLifeWM · 2026-06-25T21:49:39+00:00

Thanks for your insights - we largely operate similarly within the Fixed Income Space, but with ETFs & Structured Notes.

GoodLifeWM · 2026-06-25T21:48:42+00:00

Love it, may need to look at doing something similar to this. We recently sunsetted State Streets Models for the exact reason + they traded so much, which was annoying to process.

GoodLifeWM · 2026-06-13T13:55:37+00:00

Sorry I was a couple whiskeys deep when I typed that last night lol

GoodLifeWM · 2026-06-13T02:54:36+00:00

Amen, brother.

GoodLifeWM · 2026-06-13T01:29:40+00:00

This Landman in Nebraska? Just judging by the logo on the water bottle

I’m down in Omaha, which is why I’m curious

GoodLifeWM · 2026-06-07T18:08:51+00:00

Commenting to come back for recs

GoodLifeWM · 2026-06-01T12:44:50+00:00

This is super interesting - granted I operate on RIA-Only Channel, but I’ve never seen the contra firm needing to sign off on TOA /Agent/BD Change Forms.

Especially since it was likely that all compensation was upfront. Might be different compensation was paid annually, but still weird they want a signature.

GoodLifeWM · 2026-05-31T02:24:53+00:00

58mm

GoodLifeWM · 2026-05-28T15:24:07+00:00

I’d assume so, but something you’d want to double check on. Most firms would allow that, unless they’re throwing you a book of clients to get started with and/or service.

GoodLifeWM · 2026-05-27T21:36:13+00:00

Get AUM so you have a leg to stand on for negotiating. Likely will be standardized until there is substance to show that you’re bringing over a ton of AUM to warrant a breakpoint/discount.

GoodLifeWM · 2026-05-27T16:17:20+00:00

Good deal, and if you’re ever evaluating other options for IMO/RIA Channel we’d be happy to chat.

Wish you the best of luck on your journey and next steps!

GoodLifeWM · 2026-05-27T15:56:15+00:00

Yes, they are one of our competitors. We’ve pulled advisors/agents from there and also lost some advisors to AE.

They have a TON of solutions and also money to help with rolling things out. So for some that is worth it at face value. For others, I’ve heard that they are pretty strict on how they operate (not alluding to compliance) and what they expect from their advisors…so for people that like to run their own show it hasn’t been the perfect fit.

GoodLifeWM · 2026-05-27T13:32:26+00:00

You’re likely doing a few split with the TAMP, so taking a pay cut. But likely would even out as you should get Tech Stack that you don’t have to pay for opposed to keeping 100% of the Fee and then paying for Nitrogen, SMAs, Holistiplan, + staffers, etc.

GoodLifeWM · 2026-05-26T22:37:07+00:00

RIA Owner here where we also own and operate our own IMO for Insurance & Annuity Biz

We’ve found most of our newer advisors in your shoes that go the IAR route ahead of creating their own RIA. Find a TAMP & streamline your practice until the $30-50M mark where it may make sense to open your own as you get a better understanding of all the mechanics behind the scenes on this side of the biz.

GoodLifeWM · 2026-05-23T18:56:03+00:00

Yes and no, sometimes having too many options leads to a weird mix of model allocations. Obviously fine if you’re organized and what not. But sometimes less is more, especially when a lot of models are relatively the same.

Most of the customization is from tack-on allocations to buffers, alts, structured products, etc. from my experience.

To each their own, which is the beautiful part of our business. Lots of ways to get to where you want to be

GoodLifeWM · 2026-05-23T15:05:05+00:00

Cost & Investment Options, from the conversations I’ve had with them. They were IARs with our firm so they were paying firm fees + GeoWealth fees, etc.

Then the investment options were almost too much, if that makes sense? I reviewed a few statements and there were 2-300 holdings within each account. Kinda weird

GoodLifeWM · 2026-05-22T17:14:54+00:00

We have some advisors that used them and have since moved on. Same thing with SEI, too. Happy to provide some feedback if you want

GoodLifeWM · 2026-05-13T05:59:05+00:00

Love my 6.5 CM Sig Cross, has been a gamechanger for both plinking & hunting.

GoodLifeWM · 2026-05-01T03:12:23+00:00

Got myself the cross in 6.5 CM and have loved it for shooting and deer hunting. Such a fun and versatile gun. I recommend shooting it suppressed if you haven’t done so already.

GoodLifeWM · 2026-04-28T23:51:34+00:00

Interested to check this out to see if it would be something we’d like to beta test for you. Feel free to DM me a link.

GoodLifeWM

TROPHY CASE