Orion Portfolio Solutions, LLC

RIASEC RegisteredEst. 2000

Total AUM

$64.8B

Discretionary

$53.4B

82% of AUM

Avg account

$235K

Accounts

276,041

Employees

305

Advisory reps

197

Firm details

Headquarters: Omaha, Nebraska
CRD number: 107975
Registered since: January 1, 2000
Website: orion.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: HNWI30.02%
Individuals29.99%
Investment Companies16.79%
Other Investment Advisers9.72%
Corporations / Businesses5.68%
Services: Portfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Orion Portfolio Solutions, LLC is a privately held investment firm formed in 2000 that serves both individual/family and institutional clients. It functions as a capital allocator and portfolio manager across a range of mandate types — from managed accounts for individuals and small businesses to pooled vehicles for institutions. The firm offers multiple fee arrangements (ad valorem, fixed fees and performance-based fees) and performs selection-of-other-advisers duties, which aligns with its role sponsoring and managing pooled investment vehicles. Orion is active on the product and distribution side as an "other financial product" salesperson and maintains industry ties that span broker-dealer activity, trust company services and acting as sponsor/GP/managing member for pooled vehicles. The firm also reports incorporating ESG factors into its investment approach.