While Realized doesn’t offer “active management” of real estate investments, there is the opportunity to be more involved in the portfolio construction of real estate investments, which is a clear distinction in the Realized offering, he said. “Based on a number of considerations including maintaining a steady income, more efficiently managing risk, and preserving wealth across generations, Realized will work with individuals and their wealth advisors to create a customized portfolio that could include an asset class like multi-family, for example, if that aligns with their criteria,” he said. 

The firm is building a fee-based asset management model, different from a transactional, brokerage one. “Our approach will be to continue serving direct-to-clients, but we think much of the opportunity is working on a B2B basis with other advisory firms,” he said. 

Clients and advisors can choose between AuM-based fees or commissions based on their needs. Fees range based on the complexity of the portfolio construction. Commissions range from 3 per cent-6 per cent upfront just like a typical real estate transaction. If the client chooses the AuM model fees are 0.5 per cent-1 per cent a year just like a typical advisory account.

As of January 2023, Realized has cleared more than $1.4 billion in real estate investments purchased on behalf of individuals since the company’s founding 

Investors and their advisors use the Realized platform to transfer wealth from legacy properties and assets into passive commercial real estate portfolios - comprised of Delaware Statutory Trusts and Qualified Opportunity Zone investments and customized to their specific needs.