Vise Expands AI-Powered Long Short Strategy to Interactive Brokers for Wealth Advisors

Wealth management platform Vise has expanded its tax-aware Long Short strategy to Interactive Brokers, providing advisors with a digital-first alternative as traditional custodians restrict access to these complex portfolios. By lowering barriers to high-leverage, tax-efficient strategies, the move allows wealth managers to apply institutional-grade hedging and tax-loss harvesting to a broader range of retail and high-net-worth clients.

What was announced

Vise Long Short is now available for client accounts held at Interactive Brokers, marking an expansion of the platform’s direct indexing capabilities. The strategy functions by holding a core of long positions expected to outperform while simultaneously shorting stocks expected to lag. Despite the short positions, the portfolio maintains a 100% net long market exposure, aiming for higher pre-tax returns without exceeding market-level risk.

A key feature of the offering is daily tax-loss harvesting. Because the portfolio contains both long and short positions, it creates opportunities to capture losses even in rising markets where long-only portfolios might lack harvestable assets. This is particularly relevant for clients managing concentrated stock positions, business sales, or real estate liquidations. The daily harvesting runs on every Vise account and is designed to capture losses as they occur, with wash-sale screening applied across every account sharing a tax ID.

On the Interactive Brokers platform, advisors can implement the strategy across four leverage levels, ranging from 130/30 to 250/150. This availability comes as several major custodians have recently paused new accounts for high-leverage strategies or raised minimum investment requirements. The onboarding process is fully digital, with firms new to Interactive Brokers typically becoming operational in approximately two weeks. Interactive Brokers joins Charles Schwab, Fidelity, Goldman Sachs Custody Solutions, Raymond James, TradePMR, and Altruist as supported custodians on the platform. As of October 2026, the Vise platform manages over $160 billion in assets across more than 245,000 accounts.

"Long short has been treated as a product for a select few. The problem it addresses is not. Plenty of clients are sitting on a concentrated position or a large embedded gain,"

Samir Vasavada, Co-Founder and Co-Head of Vise.

The companies involved

Vise is an AI-driven wealth management platform designed to automate the creation and management of personalized portfolios. By utilizing direct indexing and automated tax-loss harvesting, the firm aims to provide retail advisors with the level of customization typically reserved for institutional investors. The platform is built to deliver these personalized portfolios at scale, integrating with major portfolio reporting and management tools so that advisors do not have to alter their existing technology stacks when adding new custodians.

Interactive Brokers is a major global brokerage firm known for its sophisticated trading technology and broad market access. It provides automated trade execution and custody services to institutional and individual traders, as well as financial advisors. The firm has a significant presence in the fintech ecosystem, frequently serving as the infrastructure layer for platforms that require high-speed execution and complex margin capabilities. Unlike some traditional legacy custodians, Interactive Brokers often caters to more active trading strategies and provides the technical infrastructure required for complex long-short implementations and higher leverage levels, such as the 250/150 levels now supported by Vise.

What FF News has reported before

FF News has closely followed the technical evolution of Interactive Brokers as it expands its capabilities for both retail and institutional users. Recently, the publication covered how Interactive Brokers Launches IBKR Autonomous Trading for AI-Driven Market Execution, highlighting the firm's focus on algorithmic tools. The custodian has also been active in expanding its asset availability, as seen when Aquis Stock Exchange Securities Launch on Interactive Brokers for Global Trading.

Additionally, the firm’s data provides insights into broader market sentiment; FF News recently reported on the Interactive Brokers Reveals Most Active Symbols: Tesla and Alphabet Lead Client Trading Activity. Market analysis from the firm’s leadership is also a regular fixture, including commentary on how Rates Climb Ahead of Fed Decision as Saudi Oil Supply Risks Drive Inflation.

What this means

This move highlights a growing rift in the custodial market between legacy providers and tech-forward platforms. As major custodians pull back from complex, tax-aware strategies by raising minimums, they risk alienating advisors who serve the "mass affluent" segment—clients who have significant tax liabilities but do not meet new, higher institutional thresholds. Vise’s partnership with Interactive Brokers suggests that the future of sophisticated wealth management may lie in platforms that can automate the operational heavy lifting of shorting and leverage. The industry is now watching to see if other fintech-friendly custodians will follow suit to capture the business being shed by traditional giants.