WBI Launches “Cy” Revolutionary Advisor Assisted Robo

WBI Technologies along with WBI Investments, a leading provider of institutional, private client wealth management strategies and TAMP solutions, today introduces Cy, a revolutionary digital wealth management TAMP platform with the goal of helping clients to achieve greater investment success by using quantitative research, advanced mathematics and machine learning to optimize manager selection and portfolio construction.

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Matt Schreiber, Chief Executive Officer & Don Schreiber, Jr., Chief Visionary Officer (Photo: Business Wire)

“The value proposition of Cy is to quickly and easily help advisors and their clients identify the amount of loss they can tolerate before abandoning their investment plan while also calculating the return the clients need to achieve their retirement goals,” said Matt Schreiber, Chief Executive Officer, WBI Technologies.

“WBI is introducing Cy at a time when investors are in dire need of more sophisticated options that can create advanced portfolio concepts that optimize the capture of bull market returns while minimizing bear market losses,” said Don Schreiber, Jr., Chief Visionary Officer, WBI Technologies. Simply stated, investors need more of the up and less of the down.

Public interest has focused on low-cost indexing products and passive portfolio approaches that tend to look good in bull market cycles, yet can expose investors to devastating losses in bear markets. While investors have been taught to focus on long-term return and to buy and hold, they often bail and fail by selling at market bottoms as fear takes over decision making. Cy integrates passive index, actively managed, and alternative products with the goal of building more powerful portfolio concepts that can perform better across full market cycles. “We believe getting the loss target right is the single most important factor in helping clients achieve greater success,” said Ann Schreiber, President, WBI Technologies. The client’s benchmark loss profile and required rate of return become the foundation of Cy’s process to optimize their portfolio.

Cy is short for “Cy-Borg,” a more advanced and powerful integration of human advice and robotic technology. WBI’s Cyborg investment technology sifts through thousands of managers and strategies to find and rank those with the highest risk adjusted returns. And then Cy’s machine learning engine runs thousands of portfolio simulations to engineer portfolios constructed with highly ranked managers aiming to develop the most powerful portfolio to achieve the client’s benchmarks for loss and return. Cy’s process is based on the client’s investment assets, income, qualified plans, government benefits, as well as their projected retirement income need. Inflation assumptions are integrated to help ensure investors do not outlive their income streams. Cy’s goal is to increase investment success by reducing risk to capital, and providing more return and larger capital balances to fund client lifestyles in retirement.

Cy’s optimized portfolio performance gives investors a powerful historical viewpoint on how the client’s strategy would have performed in both bull and bear markets. This analysis also clearly illustrates the advisors’ value proposition in using Cy when compared to indexing or the client’s existing strategies. “Cy’s highly efficient approach to portfolio design, rebalancing, and ongoing due diligence is a revolutionary upgrade to existing TAMP and Robo offerings,” said Matt Schreiber.

We feel Cy offers advisors a more competitive value proposition by building better client solutions leading to higher success rates, thereby increasing AUM and revenue growth, advisor income and business value. Cy’s highly efficient and flexible approach to portfolio design allows advisors and clients to target loss or to target return as the anchor of the portfolio design. Targeted loss portfolios focus on achieving the client’s loss tolerance with the highest return that can be achieved for the desired loss parameter. Targeted return portfolios focus on achieving the client’s return target with the smallest loss that can be achieved for the desired return parameter. These target loss and return portfolio concepts breakthrough the toxic messaging surrounding low cost and passive portfolio approaches that leave clients exposed to a high probability of portfolio failure.

If you and your clients have experienced buy and hold investment failure in past bear markets, it is time to chart a new course with Cy’s new vision for investing that can help clients stay comfortably invested in both bull and bear market cycles.

Investors should consider investment objectives, risks, charges and expenses carefully before investing. Past performance is not guarantee of future success. This is not an offer to buy or sell any security. There is always the possibility of loss, including the loss of the initial investment. Cy is a proprietary algorithmic investment tool developed by WBI Investments, Inc. (“WBI”) in conjunction with WBI Technologies LLC. It should not be assumed that the future results of any specific investment strategies analyzed by Cy will be profitable or suitable for all investors. Moreover, the analysis provided by the Cy optimization tool may vary with each use and over time. Please visit www.investwithCy.com or call 1-800-772-5810 for more information.

© 2019 WBI

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