Built for the High-Growth Advisory Firm

The Investment Team Behind Your Team

Orion OCIO, powered by TownSquare Capital, is the modular outsourced investment solution for advisors who want to expand capabilities without hiring. TownSquare Capital serves as a sub-advisor, handling trading, rebalancing, and portfolio management while you keep the client relationship — and get time back. Advisors partnering with Orion OCIO have grown at an average of 67% over five years.¹

Take Back Time in Your Day

It’s All in the Numbers

67%

Our advisors have grown their firm at

an average rate of 67% after partnering with us.¹

46 Hours

Hours saved per high-net-worth account,

per year, with Orion Custom Indexing.2

Best Tech

Nominated for Best Technology Provider, Direct Indexing

by the Wealthies,3 we offer the only direct indexing solution

that gives you proposal generation, trading, and reporting all in one tool.

100%

of OCIO clients don’t have to learn or use

our technology — they trust us to do it for them.2

Get to Know OCIO

Advisors
Help Clients Achieve Better Returns

The OCIO Portfolio Audit

The goal of every investor is to create a more efficient portfolio that maximizes returns while taking the least amount of risk possible. But many investors aren’t familiar with the details of what’s going on in their portfolio — do you really know the answers to their biggest questions?

The OCIO Portfolio Audit is designed to analyze their current portfolio and identify exactly what problems and potential opportunities exist, including analyzing asset allocation and diversification, portfolio structure and efficiency, portfolio risk, expenses, tax efficiency, and performance. 

Get Your Audit

Advisor
Free Resource: Case Study

Outsourcing for Growth

Advisors today are navigating an increasingly complex market while striving to meet the evolving demands of their clients. Managing everything in-house can limit your ability to scale and differentiate your services.

In this case study, you'll discover how partnering with Orion OCIO helped Plan4Wealth Partners streamline their operations, unlock new growth opportunities, and deliver more personalized client solutions. You’ll learn how you can:

  • Increase efficiency.
  • Enhance customization.
  • Drive firm growth.
  • Elevate client satisfaction.
Read Now
Orion Stacks
Introducing Orion Advantage

One Integrated UX. One Agreement. All the Power of Orion.

The Orion Advantage Stack is the newest way for you to seamlessly connect all the tools you need to propel productivity, delight your clients, and grow your firm.

Best of all, Advantage provides access to Orion OCIO — and with everything OCIO has to offer, there’s no shortage of potential for you to compete on a larger scale.

Take Your Advantage

 

 

Ready to Add an
Investment Team?

Get a free Portfolio Audit and see what OCIO can do for your clients.

Get Started

Request a Portfolio Audit

Frequently Asked Questions

What is OCIO and how does it work for financial advisors?

OCIO — outsourced chief investment officer — is a model where an advisor brings in an investment management team as a sub-advisor, gaining access to professional portfolio management, trading, and back-office capabilities without building those functions in-house. Orion OCIO, powered by TownSquare Capital, offers a complete suite of investment and operational services that are customizable to each firm's needs. TownSquare Capital serves as the sub-advisor; advisors retain their custodial relationship and full control of the client relationship.

 

How is OCIO different from a TAMP?

OCIO and a TAMP represent two different levels of outsourcing. A TAMP — like Orion Portfolio Solutions — is a fully outsourced, turnkey model: the advisor's firm operates within OPS's comprehensive platform, accessing a full technology suite, investment marketplace, and operational infrastructure as a complete package. OCIO is a modular, sub-advisory model: TownSquare Capital serves as a sub-advisor handling specific functions the advisor chooses to outsource — trading, rebalancing, model management, portfolio construction — while the advisor retains the advisory relationship, the custodial accounts, and full control over the client experience. Advisors can use one OCIO service or several, depending on what they need.

 

What services are included in Orion OCIO?

Orion OCIO covers four areas: investment management and research, outsourced trading, client-facing advisory support, and back-office operations. Each is customizable — firms can use as many or as few services as they need. A full-service engagement can cover everything from portfolio construction to fee billing; a lighter engagement might focus on trading alone. All services are delivered under your firm's brand: TownSquare Capital operates as a white-labeled extension of your practice, so to clients, the work looks and feels like it comes from your team.

 

Who provides Orion's OCIO services?

Orion OCIO is delivered by TownSquare Capital, LLC — a registered investment advisor and wholly owned Orion entity with more than 30 Chartered Financial Analyst® (CFA) designees on staff. TownSquare Capital operates as a sub-advisor, meaning advisors retain the primary client relationship while TownSquare Capital handles the investment functions. Their philosophy is institutional in approach: maximizing risk-adjusted returns while minimizing taxes, turnover, and fees.

 

How does OCIO help advisors grow their firms?

When advisors hand off the investment and operational work they're not best suited for, they get time back for the work they are: client relationships, business development, and firm growth. One Orion OCIO client noted that Orion OCIO freed up 10–12 hours per week for the firm's managing partner. Advisors who partner with Orion OCIO have grown their firms at an average rate of 67% over a five-year period.1 The OCIO Portfolio Audit is a key growth driver: 82% of clients said their HNW new business win rate was between 50% and 100% when using it.2

 

What does Orion OCIO cost?

Orion OCIO is priced on an AUM basis. The platform fee scales with firm AUM — larger firms pay a lower rate. Investment strategy fees are charged separately, depending on which specific strategies your firm leverages. To get a quote tailored to your firm's size and service mix, contact the Orion OCIO team.

 

What is the OCIO Portfolio Audit, and how does it work?

The OCIO Portfolio Audit is a free, confidential analysis of a client's current portfolio — designed to surface inefficiencies and opportunities many clients aren't aware of. TownSquare Capital's investment team evaluates the portfolio across five dimensions and delivers a detailed report advisors can use in client conversations. It works as both a client service tool and a business development tool: 82% of clients reported a 50–100% HNW new business win rate when using it.1

Request a free audit at orion.com/wealth-management/orion-ocio-portfolio-audit.

 

How does a firm get started with Orion OCIO?

The best first step is connecting with Orion's business development team. They'll walk you through the full OCIO offering, help match services to your firm's specific situation, and can run a complimentary Portfolio Audit to surface gaps in a client's existing portfolio — giving you a concrete look at where OCIO can make an immediate impact before you commit to anything. From there, onboarding is a coordinated process between your firm, TownSquare Capital, and your custodian. Get in touch with our business development team today.

Frequently Asked Questions

What is OCIO and how does it work for financial advisors?

OCIO — outsourced chief investment officer — is a model where an advisor brings in an investment management team as a sub-advisor, gaining access to professional portfolio management, trading, and back-office capabilities without building those functions in-house. Orion OCIO, powered by TownSquare Capital, offers a complete suite of investment and operational services that are customizable to each firm's needs. TownSquare Capital serves as the sub-advisor; advisors retain their custodial relationship and full control of the client relationship.

How is OCIO different from a TAMP?

OCIO and a TAMP represent two different levels of outsourcing. A TAMP — like Orion Portfolio Solutions — is a fully outsourced, turnkey model: the advisor's firm operates within OPS's comprehensive platform, accessing a full technology suite, investment marketplace, and operational infrastructure as a complete package. OCIO is a modular, sub-advisory model: TownSquare Capital serves as a sub-advisor handling specific functions the advisor chooses to outsource — trading, rebalancing, model management, portfolio construction — while the advisor retains the advisory relationship, the custodial accounts, and full control over the client experience. Advisors can use one OCIO service or several, depending on what they need.

What services are included in Orion OCIO?

Orion OCIO covers four areas: investment management and research, outsourced trading, client-facing advisory support, and back-office operations. Each is customizable — firms can use as many or as few services as they need. A full-service engagement can cover everything from portfolio construction to fee billing; a lighter engagement might focus on trading alone. All services are delivered under your firm's brand: TownSquare Capital operates as a white-labeled extension of your practice, so to clients, the work looks and feels like it comes from your team.

Who provides Orion's OCIO services?

Orion OCIO is delivered by TownSquare Capital, LLC — a registered investment advisor and wholly owned Orion entity with more than 30 Chartered Financial Analyst® (CFA) designees on staff. TownSquare Capital operates as a sub-advisor, meaning advisors retain the primary client relationship while TownSquare Capital handles the investment functions. Their philosophy is institutional in approach: maximizing risk-adjusted returns while minimizing taxes, turnover, and fees.

How does OCIO help advisors grow their firms?

When advisors hand off the investment and operational work they're not best suited for, they get time back for the work they are: client relationships, business development, and firm growth. One Orion OCIO client noted that Orion OCIO freed up 10–12 hours per week for the firm's managing partner. Advisors who partner with Orion OCIO have grown their firms at an average rate of 67% over a five-year period.1 The OCIO Portfolio Audit is a key growth driver: 82% of clients said their HNW new business win rate was between 50% and 100% when using it.2

What does Orion OCIO cost?

Orion OCIO is priced on an AUM basis. The platform fee scales with firm AUM — larger firms pay a lower rate. Investment strategy fees are charged separately, depending on which specific strategies your firm leverages. To get a quote tailored to your firm's size and service mix, contact the Orion OCIO team.

What is the OCIO Portfolio Audit, and how does it work?

The OCIO Portfolio Audit is a free, confidential analysis of a client's current portfolio — designed to surface inefficiencies and opportunities many clients aren't aware of. TownSquare Capital's investment team evaluates the portfolio across five dimensions and delivers a detailed report advisors can use in client conversations. It works as both a client service tool and a business development tool: 82% of clients reported a 50–100% HNW new business win rate when using it.1

Request a free audit at orion.com/wealth-management/orion-ocio-portfolio-audit.

How does a firm get started with Orion OCIO?

The best first step is connecting with Orion's business development team. They'll walk you through the full OCIO offering, help match services to your firm's specific situation, and can run a complimentary Portfolio Audit to surface gaps in a client's existing portfolio — giving you a concrete look at where OCIO can make an immediate impact before you commit to anything. From there, onboarding is a coordinated process between your firm, TownSquare Capital, and your custodian. Get in touch with our business development team today.

¹Source: Proprietary Orion data, as of 6/18/2024.
2Source: Proprietary Orion data, as of 7/28/2023. 
3Source: WealthManagement.com Announces Finalists for the 2023 Industry Awards, WealthManagement.com, 2023.

Wealth management services provided by Orion Portfolio Solutions, LLC ("OPS"), a registered investment advisor; Orion OCIO services provided by TownSquare Capital, LLC ("TSC"), a registered investment advisor. OPS and TSC are affiliates and wholly owned subsidiaries of Orion Advisor Solutions, Inc.

Custom Indexing offered through Orion Portfolio Solutions, LLC a registered investment advisor.

Custom Indexing is an investment strategy wherein a portfolio is managed to mimic an index or other portfolio, while taking into account the tax position, holdings, and individual investing preferences of a client. The performance of a portfolio using custom indexing may vary significantly from the target index (referred to as tracking error or tracking difference), and this variance may increase with greater customization within a portfolio.

Tax-loss Harvesting is a process by which securities trading at unrealized losses are sold to realize a taxable loss. Proceeds from the sales are then used to reinvest in alternate securities to maintain market exposure. Tax-loss Harvesting can be used as a strategy to offset realized gains from other investments and/or carried forward to later calendar years to offset future taxable gains.

Information contained herein is not intended to constitute accounting, legal, tax, security, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. Orion Portfolio Solutions does not render tax, accounting, or legal advice.