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Private Wealth Daily
NewsRIAs

Vise adds Interactive Brokers as custodian for long-short strategy

RIAs get another custodial route for higher-leverage long-short accounts as Schwab and Fidelity narrow access, Vise said.

By the RIA desk3 min read

At a glance

  1. Advisors can run all four leverage settings in client accounts at Interactive Brokers, from 130/30 to 250/150, Vise said.
  2. Interactive Brokers joins Schwab, Fidelity, Goldman Sachs Custody Solutions, Raymond James, TradePMR and Altruist on the platform.
  3. RIAs whose clients hold concentrated stock positions now have a new custodian for the higher-leverage settings at a time when Schwab and Fidelity have narrowed access.

Vise has added Interactive Brokers as a custodian for its Vise Long Short tax-aware strategy, InvestmentNews reported on Nov. 12.

Advisors can run all four leverage settings in client accounts at Interactive Brokers, from 130/30 to 250/150, Vise said.

Interactive Brokers joins Schwab, Fidelity, Goldman Sachs Custody Solutions, Raymond James, TradePMR and Altruist on the platform.

RIAs whose clients hold concentrated stock positions now have a new custodian for the higher-leverage settings at a time when Schwab and Fidelity have narrowed access. In September, Schwab raised its minimum for new tax-aware long-short accounts to $10 million from $1 million. It stopped accepting new clients or fresh money into higher-leverage portfolio margin accounts. Fidelity stopped opening new long-short separately managed accounts in December 2025.

Reported by the RIA desk from InvestmentNews. Published . Corrections

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