You provide the vision
Active, passive, or any blend, implemented exactly as you intend it, your own model or a third party's.
Your investment strategy. A tax overlay built to match.
Go beyond a fixed menu of portfolios. Quorus builds the tax overlay around your chosen models, with implementation managed by our specialists.
Active EquityLong-ShortDirect IndexingETF Models
Book a walkthrough The preferred tax-managed SMA & model manager for WisdomTree.
WisdomTree, Inc. is an investor in Quorus and a client of Quorus for portfolio management services. It therefore has an economic interest in our success. This relationship can create conflicts of interest.
You bring the strategy. We solve for tax.
You know exactly how you want to invest for your clients. Then the platform tells you which of its boxes you're allowed to pick from. Quorus is different.
We build the overlay
Tax logic purpose-built for your strategy, not a generic wrapper. We adapt to your practice.
Clients get tax management
Sophisticated tax management for the clients who need it most, all in one account.
Every structure you need, in one platform.
Most platforms force you into a menu of options; we work with you to build a solution that fits your practice.
Direct Indexing
Low-cost, common market-cap indices with a continuous tax overlay.
ExploreActive Equity
Single or blended active strategies run with a purpose built tax overlay.
ExploreTax-Managed Long-Short
Tax-aware long short at a range of levels, with flexibility to adjust the target alpha model to fit your models.
ExploreETF Model Portfolios
Tax-aware ETF model portfolio management with tax-loss harvesting and tax-aware rebalancing.
ExploreUnified Managed Accounts
Combine SMAs and ETF models in one account registration, with one tax overlay.
ExploreAn extension of your team, for you and your clients.
Streamlined onboarding
Onboard a single account and scale from there. No large upfront commitment and no implementation fee.
Reporting on your rails
Quorus is custody-agnostic and never custodies client assets. Work with the custodians and reporting you already use.
We absorb the manual work
The labor-intensive, lot-level daily work to capture tax benefits is handled by our specialists and proprietary technology.
We make your advisors smarter
We equip your advisors with analysis to convey the value of your tax process and discuss trade-offs with clients.
What makes Quorus unique
Open architecture, purpose-built tax overlays, and every structure in one account - where the alternatives stop short.
Direct IndexersETF Model PlatformsStrategiesOpen architecture - you share your desired modelLimited list of indicesLimited list of off-the-shelf ETF model portfolios
ProductsDirect Indexing, Tax-Managed Active, Long-Short, ETF Model Portfolios, Unified Managed AccountsDirect IndexingETF Model Portfolios
Tax OverlayCustomized to the target strategyStandardized methodology for all indicesOptimized for ETFs
Unified Managed AccountCombine multiple strategies in a single account registrationSeparate account registrationSeparate account registration
What advisors sayBuilt for advisors
Built for advisors
who value flexibility
“I run a book where no two client situations look alike, so a standardized menu of strategies is a real constraint. Quorus removes that constraint. Whether it's direct indexing, tax-managed long/short, or box spread financing, Quorus lets me build the right structure for my clients rather than bend a plan to fit a platform's limitations. That flexibility allows me to deliver a genuinely customized solution instead of a close-enough one.”
Managing Partner
Quorus does not pay for testimonials or endorsements. Testimonials provided by clients are from clients of Quorus and may not be representative of the experiences of other customers. Endorsements are provided by advisers who utilize Quorus for their clients and may not be representative of the knowledge of other advisers. Testimonials or endorsements are no guarantee of future performance or success. No individuals were compensated for sharing their testimonials and endorsements with Quorus. A conflict of interest exists in that the individuals have a business relationship with Quorus.
Built around your practice, not the other way around.
Flexibility is the whole point: your models, your relationships, your fee. We supply the institutional infrastructure and absorb the tax complexity, so you stay in control.
Open Architecture
Flexible investment targets built off your models.
Robust Tax Management
Daily loss harvesting, capital gains budgets, tax aware portfolio transitions.
Institutional Infrastructure
Axioma based portfolio optimization process.
SEC-registered adviser
A registered investment adviser operating with discretion on a sub-advisory basis.
Available at leading custodians
A team you can trust
Founded by portfolio managers and engineers from Vanguard and Jefferies, building the tax-managed infrastructure we always wished we had.
John Hill, CFA
Co-founder & CEOJohn leads our go-to-market work with asset-manager partners, supporting offer design, content, and sales. He spent a decade at Vanguard, where he pitched and built its direct-indexing product. CFA charterholder.
Scott Shumway
Co-founder & CTOScott has 15+ years of software experience across real estate, finance, and higher education. At Jefferies he led front-end development for the firm's internal data platform, supporting every business unit from wealth management to risk and compliance.
Kyle Birmingham, CFA
Co-founder & Head of Portfolio ManagementKyle oversees portfolio construction, investment research, tax methodology, and trading. He began his career at Vanguard in strategy and investment management, including overseeing its multi-billion-dollar active equity franchise. CFA charterholder.
FAQ
Frequently asked questions
Who is Quorus?
Quorus is a technology-enabled asset manager that partners with advisors and asset managers to run custom tax overlays for portfolios.
Which custodians does Quorus support?
Quorus is an approved money manager at Charles Schwab, Fidelity, BNY Pershing, Interactive Brokers, and TradePMR. Tax-managed long-short is available at Charles Schwab and Interactive Brokers.
What does Quorus do, and what stays with the advisor?
The advisor manages the client relationship, including wealth planning, asset allocation, and strategy selection. Quorus provides day-to-day trading, tax-aware rebalancing, tax-loss harvesting, and transitions.
How does Quorus harvest losses and avoid wash sales?
Quorus monitors accounts at the tax-lot level and harvests losses when they meet our criteria. Our optimizer weighs each loss or gain harvesting opportunity against the target strategy, and wash-sale rules are applied across household accounts.
Why can't I just do this myself?
Across hundreds of accounts, tax management takes a portfolio management function, specialized tools, and expertise. Quorus provides all of it, with portfolio managers who extend your team.
How does onboarding work, and how long does it take?
Quorus and your firm sign a sub-advisory agreement, then we onboard your firm and models. Account setup takes a few days to two weeks. There is no firm minimum.
How are Quorus fees charged?
Quorus's fees are billed quarterly in arrears, either debited from the client account or invoiced to the advisor, whichever the advisor prefers.
Who will be my point of contact at Quorus?
Advisors work directly with Quorus's portfolio managers and a dedicated customer service team, not a service queue. Portfolio managers are available for questions and client meetings.
Can accounts be customized with restrictions or values-based screens?
Yes. Advisors can restrict individual securities, exclude industries, and apply values-based screens, account by account. Restrictions can be added or changed at any time.
What does Quorus's security program cover?
Quorus uses Drata to monitor its security controls continuously and publishes a live trust report.
Due diligence and security teams can review the live report on Drata.