The Difference
Five reasons institutional investors and advisors trust our approach to portfolio construction.
Our Heavy-Tail Optimization framework was developed by Ph.D. researchers and represents a fundamentally different approach to portfolio construction. Instead of relying on Gaussian assumptions that underestimate tail risk by factors of thousands or even millions, HTO uses the Student-t distribution to accurately model the fat tails observed in real market data. Every portfolio is optimized for Expected Tail Loss — the average loss in the worst scenarios — rather than standard deviation, which treats upside and downside volatility as equivalent.
Dreams Investment Solutions is an SEC-registered investment adviser (CRD #339186) with a compliance-first culture built from the ground up for institutional capital. We are purpose-built to serve RIAs, broker-dealers, and family offices — professionals who demand regulatory rigor, fiduciary accountability, and sophisticated portfolio science. Our infrastructure, reporting, and processes reflect the standards institutional partners expect.
Every portfolio we construct is engineered to survive extreme market events — the kind that traditional models say should happen once in thousands or millions of years but actually occur with alarming regularity. Our research has quantified how dramatically Gaussian models underestimate these events: the 2020 COVID crash was underestimated by a factor of 916,000x, and Black Monday by 12,500,000x. Our allocations are built with these realities in mind.
We integrate into your existing practice through a white-label subadvisory model. You maintain the client relationship, the trust, and the brand — we provide the portfolio science, the optimization engine, and the institutional-grade risk management. Our onboarding process is designed to be compliance-friendly, and our team works closely with yours to ensure a seamless experience for your clients.
We believe institutional clients deserve full visibility into what they're investing in and why. That means clear, competitive fee structures with no hidden costs. It means an open methodology — we explain our process, not hide behind a black box. It means full regulatory disclosure, with our Form ADV always available and our registration verifiable on the SEC's IAPD database.
Take the Next Step
Ready to see how Heavy-Tail Optimization can transform your portfolio strategy? Let's start a conversation.