Discovery
We learn about your practice, client base, and the challenges you're looking to solve.
Our Investment Philosophy — How we think about portfolios
Why we built Opal the way we did, and how it shapes the portfolios we manage.
Platform Components
Modular Solutions
Mix and match. Use what you need — leave the rest.
01
Outcome-Based Models
Multi-asset model portfolios pairing strategic allocation with active, risk-aware management. Each targets a specific outcome by time horizon, risk tolerance, and return goals, then rebalances opportunistically.
Our Process
Outcome-driven portfolios combine strategic asset allocation with active, risk-aware management. Each model targets a specific investment outcome based on time horizon, risk tolerance, and return objectives, then is monitored continuously for drift and rebalanced opportunistically to keep portfolios aligned with their intended goals.
02
Actively Managed ETFs
High-conviction, concentrated portfolios where every holding is intentional. Fundamental strategies select companies through bottom-up research; systematic strategies use quantitative scoring across a broad U.S. universe.
Our Process
We build focused portfolios of 15 to 60 holdings through bottom-up fundamental research, selecting each company for its quality characteristics, business moat, and strategic role in the portfolio. Systematic strategies score a broad universe of U.S.-listed securities across momentum, sentiment, growth, quality, and valuation to build portfolios of 60 to 140 holdings.
03
Tax-Aware Strategies
For clients focused on after-tax outcomes: managing gains, harvesting losses, and transitioning concentrated positions. These strategies are built to preserve and compound after-tax wealth over time.
Our Process
Tax-loss harvesting and tax-lot management are integrated into portfolio construction from day one. For clients with low-basis holdings, our Capital Gain Deferral SMA uses a long-short overlay to systematically harvest losses and defer gains, producing a tax-efficient structure designed to preserve and compound after-tax wealth over time.
Built around you
At Opal, we don't just manage portfolios. We solve problems.
Opal Advisor Intelligence was built on that premise. Advisors told us they were piecing together multiple disconnected systems just to get a complete picture of their business. So we built a single dashboard, shaped by advisor input, centralized and customizable, and designed around the way each advisor actually works. That is how everything at Opal gets built: not by pushing solutions into the market, but by listening and building what does not exist yet.
Introducing Opal Advisor Intelligence
Learn MoreDeep Dive — Outcome-Based Models
Drag your client's risk to find a fit.
SHORT TERM
LONG TERM
0/100
15/85
60/40
85/15
90/10
Selected
Ultra Short-Term
Allocation
0% Equity
100% Fixed Income
Process
Outcome-driven portfolios combining strategic asset allocation with active, risk-aware management. Monitored continuously for drift, rebalanced opportunistically.
Selected
Short-Term
Allocation
15% Equity
85% Fixed Income
Process
Outcome-driven portfolios combining strategic asset allocation with active, risk-aware management. Monitored continuously for drift, rebalanced opportunistically.
Selected
Intermediate-Term
Allocation
60% Equity
40% Fixed Income
Process
Outcome-driven portfolios combining strategic asset allocation with active, risk-aware management. Monitored continuously for drift, rebalanced opportunistically.
Selected
Long-Term
Allocation
85% Equity
15% Fixed Income
Process
Outcome-driven portfolios combining strategic asset allocation with active, risk-aware management. Monitored continuously for drift, rebalanced opportunistically.
Selected
Ultra Long-Term
Allocation
90% Equity
10% Fixed Income
Process
Outcome-driven portfolios combining strategic asset allocation with active, risk-aware management. Monitored continuously for drift, rebalanced opportunistically.
Actively Managed ETFs
The Pathfinder ETF Series
The Pathfinder ETF Series brings Opal Capital’s institutional investment expertise directly to investors through a suite of actively managed equity strategies designed to capture the major sources of long-term equity returns.
Each strategy is built on decades of investment experience, delivered through accessible, transparent ETF vehicles. Whether powered by machine learning-driven quantitative models or deep fundamental research, every portfolio targets high-quality opportunities positioned to compound capital over time.
Tax-Aware Strategies
Optimize for After-Tax Outcomes
All Clients
Tax-Efficient Vehicles
Utilize ETFs with embedded in-kind redemption mechanisms to minimize capital gain distributions.
All Clients
Tax-Loss Harvesting
Identify loss-making positions across underlying ETFs and reinvest in similar ETFs to build a loss carryforward bank.
High Net Worth
Capital Gain Deferral SMA
Long-short equity overlay that helps defer capital gains and diversify concentrated positions.
Process
Tailored to Fit
Design
Together, we identify which platform components fit your needs, and leave out what doesn't.
Implementation
Our team handles onboarding. Accounts transitioned in a collaborative fashion.
Partnership
Ongoing access to our investment team, proactive updates, and portfolio oversight tools.
Ideal Fit
Who It's For
The Scaling RIA
You're growing and need a platform that keeps up without adding headcount.
The Breakaway Advisor
You're going independent and need a partner, not a product.
The Established Practice
You want institutional resources while maintaining full control of client relationships.
Common Questions
How the platform works.
An outcome-based model portfolio is a multi-asset portfolio built around a specific investor objective, such as capital preservation or long-term growth, rather than a fixed risk label. Opal’s models combine strategic asset allocation with active, risk-aware management, and are monitored for drift and rebalanced over time.
Opal’s actively managed ETFs are offered through the Pathfinder ETF Series, which spans fundamental and systematic equity strategies. Opal also manages the Polen Dividend Income ETF (DIVZ) and the Polen International Dividend Income ETF (IDVZ).
Opal integrates tax-loss harvesting and tax-lot management from day one. For clients with low-basis or concentrated positions, the Capital Gain Deferral SMA uses a long-short overlay to harvest losses and defer gains while diversifying the position over time.
Unlike a traditional turnkey asset management program, Opal is modular and keeps the advisor in control of the client relationship. Opal is there to support and facilitate that relationship, not to sit between the advisor and their clients. Advisors gain an institutional investment team and operational support without outsourcing the relationship or committing to an all-or-nothing platform.
Opal helps advisors compete for clients and mandates they might not pursue alone. The team can build custom portfolios for specific prospects, join finals and client meetings, and provide investment and operational support comparable to a large firm. This lets independent advisors compete with larger national and wirehouse firms while keeping their independence.
Beyond portfolios, Opal supports the operational side of managing money: trade execution, account onboarding and transitions, cash management, and the handling of restricted or concentrated stock positions. Advisors can offload time-consuming operational work while keeping oversight.
Opal works with a range of independent advisors and RIAs and is flexible on size. Fit with the practice matters more than a fixed minimum.
Let's Build Something Together.
We provide the platform, you maintain the relationships.