Jason talks to Chris Shuba, Founder and CEO of Helios Quantitative. It is an "in-source CIO," offering a unique solution for financial institutions. They provide all the functions of an investment department without the associated costs and hassles. Helios Quantitative simplifies and streamlines the operations of an advisory practice.

Episode Highlights 

• 01.52: Chris notes that while models were initially a primary focus, Helios has expanded its services and technology to become an all-encompassing in-source CIO, moving beyond a sole emphasis on modelling.
• 02.23: Chris outlines the core goals of most advisors, which include looking impressive to clients, spending more time on their strengths, achieving scalability, and ultimately being profitable.
• 09.42: Jason emphasizes that Helios Quantitative covers the entire vertical funnel for advisors, from ideation to implementation to communication and maintenance, providing a comprehensive value proposition throughout the process.
• 11.47: Chris mentions their preference for working with disruptive-thinking advisors who align with their approach. He also highlights the cost aspect, emphasizing that model marketplaces can be expensive, while Helios aims to be a low-cost alternative with more capabilities.
• 17.24: Chris discusses the challenge of underestimating the importance of model designs and their correlation with real-world events. Chris explains that Helios originally used linear mathematics, which sometimes didn't align with real-world complexities, leading to advisor confidence issues.

3 Key Points

1. Chris mentions their exciting plans for further development of the platform beyond two main function Model Development and Management and Research and Analytics.
2. Chris draws an analogy between their approach and the concept of an aircraft carrier in a fleet. Still, it needs a surrounding ecosystem of supporting components to protect it and ensure its effectiveness.
3. Chris highlights the accessibility of machine learning and AI tools for smaller companies like Helios, which empowers them to develop and deploy cutting-edge technology.

Tweetable Quotes

• “Helios focuses on mathematical diversity, providing multiple types of models to increase diversification within a portfolio. The goal is to bring institutional-level diversification strategies into the retail space, reducing risk and enhancing portfolio stability.” – Chris
• “Simply adding more components does not guarantee increased profitability or improved client satisfaction. All components are needed to create a world-class asset management experience.” - Chris

Resources Mentioned:

• Facebook – Jason Pereira's Facebook
• LinkedIn – Jason Pereira's LinkedIn
• Woodgate.com – Sponsor
• LinkedIn – Jason Pereira's LinkedIn
• https://www.linkedin.com/in/chrisshuba/
• https://heliosdriven.com/

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