Gideon Strategic Partners (GSP), a leading wealth management firm, has announced a new collaboration with Lumenai Investments, a company specializing in AI-based investment management. This partnership is set to provide GSP clients with customizable, alpha-seeking, AI-driven investment portfolios. GSP, known for designing tax-efficient financial plans and life insurance tailored to the needs of high-net-worth individuals, focuses its investment strategies on asset allocation and private equity. They use a range of alternative and passive investment products to build tax-aware portfolios aimed at maximizing returns while minimizing risks.
Lumenai, one of the pioneers in offering AI-powered investment management in the US, aims to deliver custom, index-beating portfolios that generate positive alpha without taking on excess risk. Their actively managed portfolios will complement GSP’s existing suite of investment solutions. Through this partnership, GSP will now offer its clients three new AI-powered strategies managed by Lumenai:
- Gideon GO Quality Strategy – A multi-asset strategy focusing on quality factors and tax loss harvesting.
- Gideon GO Dividends Strategy – A multi-asset strategy emphasizing dividend factors and tax loss harvesting.
- Lumenai Innovation Fund – A market-neutral strategy with tax loss harvesting.
Robert Amoruso, CEO and Founder of Gideon Strategic Partners, highlighted the importance of innovation as a core value for the firm and expressed enthusiasm about integrating AI-driven funds to meet the personalized needs and goals of their clients. He emphasized that AI would be a game-changer for investing, simplifying the process for clients and requiring minimal additional resources.
John Bailey, Founder and CEO of Lumenai, expressed his excitement about the partnership, stating that Lumenai would add significant value to GSP’s investment offerings, improve client performance, and support the firm’s scalability and growth.
Lumenai operates as an outsourced quantitative and AI-powered investing and reporting manager, aiming to make active investing effortless for financial professionals. Their investment process is supported by ETS Asset Management Factory, a firm with a long history in quantitative and AI investing since 1987.
Contact information for further inquiries was provided for both Lumenai and GSP, along with mentions of their presence on social media platforms.
