Hirtle Callaghan Leverages intelliflo to Transform Rebalancing and Trading Operations

For immediate release, 8 December 2021: Hirtle Callaghan & Co., a leading investment institution with nearly $20 billion in assets under management (AUM), has revamped its rebalancing and trading operations in partnership with intelliflo, allowing the firm to more efficiently customize model portfolios at scale. With intelliflo, rebalancing can now be completed in one day or less, compared to weeks, allowing Hirtle Callaghan to respond to client and wealth manager needs more quickly – and with greater confidence.

Previously, Hirtle Callaghan relied on manual spreadsheets and bespoke solutions to manage household-level portfolios, trading and rebalancing, which was often cumbersome and difficult to scale. As the business continued to grow, rebalancing 5,000 or more household accounts across hundreds of clients, the team recognized the need to implement a more sophisticated solution that would empower Hirtle Callaghan to manage portfolios with increased speed, accuracy and ease. After a thorough vetting process, with a strong focus on true rules-based capabilities, the firm selected intelliflo’s RedBlack investment management platform.

"People expect things to happen, and happen fast,” said Matt Gordon, strategic director and head of IT for Hirtle Callaghan. “We needed a solution to rebalance at scale, with speed and precision, to keep up with our growth across a diverse book of business."

Since launching the intelliflo solution, rebalancing can now be completed in one day or less, boosting efficiencies as responsiveness to clients. intelliflo’s rules-based framework for target and cash overrides helps optimize the time Hirtle Callaghan’s investment officers and wealth managers spend on certain activities, allowing them to dedicate more focus on portfolio growth and overall client relationships.

Gordon continued, “Target overrides allow us to make bespoke, scalable client allocations a reality,” said Gordon. “This capability lets us ‘go the last mile’ by combining standardization with autonomy to tailor portfolios as needed, which is a huge win for us. With intelliflo, our rebalancing and trading is more science than art, and has become faster and more accurate, standardized, and cost-effective.”

"Hirtle Callaghan is a pioneer in the financial services space committed to providing its clients with exceptional service, and they knew they needed to streamline processes and boost efficiencies to maintain this superior service as they grew,” said Jennifer Valdez, president, Americas for intelliflo. “By leveraging our modern rebalancing, trading and order management technology, Hirtle Callaghan has been able to more effectively manage portfolios, saving time for other high value activities. The firm is well positioned to continue to grow with confidence.”

About intelliflo

intelliflo widens access to financial advice through leading technology which powers the financial advisory experience. We use open software architectures combined with unmatched industry experience to simplify a complex digital landscape to help advisors compete and grow. Our solutions support over 30,000 financial advisors worldwide, representing over three million end-investors, with over $1 trillion assets serviced across intelliflo.

For further information, please contact:

Warner May
(404) 983-2500