Rowboat Portfolio Optimizer for Wealth Management

Create a vendor selection project
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
We are waiting for the vendor to publish their solution profile. Contact us or request the RFX.
Projects allow you to export Registered Vendor details and survey responses for analysis outside of Marsh CND. Please refer to the Marsh CND User Guide for detailed instructions.
Download Registered Vendor Survey responses as PDF
Contact vendor directly with specific questions (ie. pricing, capacity, etc)


Our portfolio optimizer finds the best feasible portfolio that balances competing goals and satisfies constraints.

The goals that can be simultaneously supported are:

  1. tracking a target, with or without a factor model
  2. tax efficiency
  3. ESG
  4. transaction cost
  5. holding cost

Sample constraints are e.g. minimum ESG scores, tax budgets, min / max % in a single security or asset class, etc.

The above includes direct indexing with tax loss harvesting and ESG, multi-asset class portfolios possibly including alternative assets, and more.

Key Features

See extensive demos in:

Key Benefits

  • Speed: sub-second, even for a 1,000-stock DI portfolio; even faster, for smaller ones.
  • Scalability to millions of accounts.
  • Tax sophistication: industry-leading.
  • Expertise: founded in 2016 by the software developer who built the industry's first "robo" DI+TLH at Wealthfront. Required specialized knowledge (optimization, math, stats, etc.) Complex, so even large firms tend to license, not build.
  • 100% automated, not "almost automated"; can run as "robo" with no human involvement.
  • Speed of innovation: well-architected, so custom features are easy to build.
  • Safety: backtester uncovers unexpected scenarios before they affect customers.
  • Deep feature set.
  • Extreme attention to detail.
  • Competitive differentiators: tax alpha strategies beyond DI+TLH; backtester enables personalization in tuning the strategy; plus more.

Product/Service details