Wilshire OCIO Solutions has meaningfully expanded its business in recent years, and has recognized the need to have an optimal structure in place that automates its end to end operations, enabling the business to scale while continuing to provide exemplary client service.
Mark Brubaker, Managing Director and head of Wilshire OCIO Solutions said: “Our partnership with a best-in-class service provider like Milestone Group reflects the development of our business in recent years as clients increasingly look to us to provide leading customized OCIO solutions. This multi-asset platform will enable us to build and enhance our offering as part of our commitment to delivering advanced solutions to our growing client base.”
Milestone Group’s pControl investment platform is purpose-built to support the needs of client portfolio managers, investment committees and investment operations. In addition to strengthening portfolio monitoring and management tools, pControl has enabled Wilshire Associates to deliver scalable solutions while ensuring operational control and efficiency. The platform also brings together client portfolios and the firm’s proprietary Group Trust investment structure into a single, highly flexible platform. This comprehensive system allows Wilshire Associates to more effectively interact with external products, investment managers and third-party service and data providers.
Paul Roberts, CEO at Milestone Group added: “We are extremely pleased to be working with Wilshire Associates. The OCIO space has really taken off in the past five years and we have been on the journey with a number of key industry players. Wilshire Associates’ rich and deep experience will further contribute to our growing community of Multi-Asset OCIO clients.”
About Wilshire Associates
Wilshire Associates, a leading global, independent investment consulting and services firm, provides consulting services, analytics solutions and customized investment products to plan sponsors, investment managers and financial intermediaries. Its business units include Wilshire Analytics, Wilshire Consulting, Wilshire Funds Management and Wilshire Private Markets.
The firm was founded in 1972, providing revolutionary technology and acting as an early innovator in the application of investment analytics and research to investment managers in the institutional marketplace. Wilshire also is credited with helping to develop the field of quantitative investment analysis that uses mathematical tools to analyze market risks. All other business units evolved from Wilshire’s strong analytics foundation. Wilshire developed the Wilshire 5000 Total Market Index℠ and became an early innovator in creating integrated asset/liability analysis/simulation models as well as practical models in risk budgeting through beta and active risk analysis. Wilshire has approximately 300 employees serving the needs of investors around the world.
Based in Santa Monica, California, Wilshire provides services to clients in more than 20 countries representing more than 500 organizations with assets totaling approximately US $7 trillion.* With ten offices worldwide, Wilshire Associates and its affiliates are dedicated to providing clients with the highest quality counsel, products and services. Wilshire® is a registered service mark of Wilshire Associates Incorporated. Wilshire 5000 Total Market Index℠ is a service mark of Wilshire Associates Incorporated. Please visit http://www.wilshire.com.