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OpenInvest To Deliver Custom Direct Indexing For Nasdaq Indexes To Advisors


San Francisco – WEBWIRE

“Advisors can now pull out a tablet in a client meeting, select Nasdaq indexes, customize according to the client’s values and personal tax situation, and hit GO. Our work with Nasdaq enables advisors to use the OpenInvest platform to customize their exposure to many of the world’s most important indexes, including the essential Nasdaq-100, and present powerful impact reporting.” said Josh Levin, Chief Strategy Officer and Co-founder, OpenInvest. 

OpenInvest, the tech-enabled asset manager that provides dynamic custom indexing and ESG engagement at scale, announced today it is joining with Nasdaq (Nasdaq: NDAQ) to provide automated custom direct indexing solutions on Nasdaq indexes to market participants nationwide.

“Advisors can now pull out a tablet in a client meeting, select Nasdaq indexes, customize according to the client’s values and personal tax situation, and hit GO. Our work with Nasdaq enables advisors to use the OpenInvest platform to customize their exposure to many of the world’s most important indexes, including the essential Nasdaq-100, and present powerful impact reporting.” said Josh Levin, Chief Strategy Officer and Co-founder, OpenInvest. 

Recent global events and the impact of COVID-19 have further catalyzed the rationale for ESG investing.  Financial advisors and investors want to more closely align investments with their personal values and to better navigate market volatility. The industry has taken note, and many traditional funds are now following OpenInvest’s lead.

Nasdaq indexes initially launching on the OpenInvest technology platform include:

  • Nasdaq-100
  • Nasdaq US Broad Dividend Achievers
  • Nasdaq US Large Cap Index
  • Nasdaq US Mid Cap Index
  • Nasdaq US Small Cap Index
  • Nasdaq US 500 Large Cap Index
  • Nasdaq Developed Large Mid Cap Index


“Index-based investing has proven itself both vital to inclusive and accessible markets and incredibly resilient during times of recent market stress,” said Robert Hughes, Head of Index and Advisor Solutions for Nasdaq Global Indexes. “At the same time, ESG screening has become increasingly important to the investing public. Our work with OpenInvest is a significant step in making these important services available directly through an accessible technology platform.”

For more information on OpenInvest, please check Josh Levin’s recent interview on Nasdaq’s #TradeTalks and visit https://www.openinvest.com.

About OpenInvest

OpenInvest (https://openinvest.com) is a Registered Investment Adviser and Public Benefit Corporation leveraging technology to provide a next-generation direct indexing and ESG engagement solution. The company provides financial institutions with the technology to unlock values-based customization, tax optimization, and impact reporting on top of their existing financial models and benchmarks. OpenInvest was founded in 2015 by architects of Bridgewater Associates’ portfolio management, risk control, and trading systems and is backed by Andreessen-Horowitz, Y-Combinator, Kevin Durant’s Thirty-Five Ventures, and QED - the founders of CapitalOne.


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 Direct Indexing
 Openinvest
 Nasdaq
 Esg
 Values Based Investing


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