Newly Formed Beta Asset Management Offers Time-Tested Options Overlay Strategy to Advisors on Multiple Platforms
Beta Enhanced Income Strategy Delivers High-Demand Income-Generation with Principal Protection
SAN DIEGO, March 21, 2019 (GLOBE NEWSWIRE) -- Beta Wealth Group (BWG) is thrilled to announce the launch of Beta Asset Management (BAM). This newly formed, institutional division of Beta Wealth Group offers institutional investors access to its premier third-party investment solution—an options overlay strategy with one of the longest track records in the industry—the Beta Enhanced Income Strategy (“the Strategy”).
Nearing the 10-year anniversary of its inception, the Beta Enhanced Income Strategy is managed as an overlay on top of the allocator’s current portfolio as a means of capturing and enhancing yield through options.
Jodi Vleck, Founder and CEO of BWG and Beta Asset Management, implemented the Strategy in 2009. Initially, the Strategy was reserved for clients of BWG. After numerous requests over the years from other wealth managers and institutions, she made the decision to proceed with a separate asset management division of the firm with the sole purpose of offering the overlay to outside firms.
“When I developed the Beta Enhanced Income Strategy, nearly 10 years ago, my goal was to offer clients an alternative income-producing option which could be managed on top of their diversified portfolios, providing an opportunity to achieve additional income while maintaining a relatively low risk-reward profile,” Vleck says. “However, as the Strategy’s popularity grew within our client base, so did demand from outside money managers. After years of careful planning, research and a live track record, we are elated to announce the launch of Beta Asset Management. The launch of BAM allows institutional managers to remain in control of their assets in house while supplementing their portfolios with our proprietary overlay strategy aimed at enhancing income.”
For the past several years, Giri Krishnan has served as co-portfolio manager to the Strategy, alongside Jodi Vleck. Most recently, Ryan Ballantyne joined the Beta Asset Management team as Director, Business Development, in an effort to support the firm’s continuous growth.
About Beta Asset ManagementBeta Asset Management is an institutional division of Beta Wealth Group, an independent SEC registered investment advisor. Beta Wealth Group has been in existence since 2009 and is passionate about serving clients and their investment objectives with a fiduciary responsibility.
For more information please call: (858) 207-3375 or visit www.BetaAssetManagement.com.
Media Contact: Melinda Staab 443.831.5111