Artificial Intelligence Value Chain Strategy
The AI Value Chain Strategy is an actively managed investment strategy designed to provide targeted exposure to companies building and enabling artificial intelligence. The portfolio focuses on the infrastructure, hardware, networking, software, and enterprise adoption layers that drive value creation across the AI ecosystem.
Disciplined Capital in the Age of Artificial Intelligence.
From gound-to-cloud: A structurally targeted growth strategy designed to invest in the companies involved in developing, supporting, and scaling artificial intelligence systems.
Opportunity
Long-term capital appreciation through companies positioned at the economic core of AI.
Architecture
Built differently. Full-stack exposure, intentionally constructed across the AI value chain.
Now?
Artificial intelligence is reshaping infrastructure, capital spending, and enterprise productivity.
Access
Designed for investors with the capacity to endure volatility in pursuit of structural opportunity.
Evaluate Fit. Not Just Opportunity.
This strategy is intentionally selective and not designed for broad application. A conversation is the best way to determine whether it aligns with your broader portfolio, time horizon, and objectives.
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Frequently Asked Questions
How is this different from buying a tech Index, an AI ETF, or the AI companies I already own?
The question is not whether an investor has AI exposure, but whether that exposure is intentional.
Many investors already hold companies with AI exposure because they are large components of an index or growth fund, not because the portfolio was specifically constructed around an artificial intelligence thesis.
The portfolio is constructed to be structurally different from broad technology funds and thematic ETFs. Index products are typically market-cap weighted and heavily concentrated in mega-cap platforms whose revenue streams are often diversified beyond AI. Sector-based ETFs offer some AI exposure but can include companies that are unrelated to the AI ecosystem.
The strategy is designed to provide targeted exposure across multiple layers of the AI value chain rather than relying primarily on the largest companies in a broad market index or focusing on which companies have the most AI-related headlines.
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Is this a fund? What’s the ticker?
No. This is not a mutual fund, ETF, or separately traded investment product. It is an actively managed investment strategy implemented within a managed advisory relationship. Holdings are owned directly in the client’s account, which may provide opportunities for tax-aware management. Because it is not a pooled investment vehicle, there is no ticker symbol.
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Who manages the portfolio?
The AI Value Chain Strategy is managed by Brandon Turnbull, who developed the research framework that underlies the strategy and is responsible for portfolio construction and investment decisions.
The strategy is implemented within the broader resources of Cetera Financial Group, an independent wealth-management network with approximately $630 billion¹ in assets under administration (as of March 31, 2026). Clients also benefit from the support of a broader team of planning and investment professionals, including CFP® professionals and CFA® charterholders who support the advisory relationship and financial-planning process.
¹ This figure reflects the entire Cetera Financial Group network and does not represent assets managed in the AI Value Chain Strategy.
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What kind of risk and volatility should investors expect?
This strategy is designed to behave differently than the broad market. It is expected to exhibit higher volatility and greater sensitivity to innovation cycles, capital spending trends, and valuation regimes. Because it does not mirror index composition, performance may diverge meaningfully from broad market indices in both positive and negative environments.
The goal is not to eliminate volatility, but to pursue structural opportunity while avoiding unintended concentration risk. For that reason, it is positioned as a satellite allocation within a diversified portfolio and is intended for investors with a long-term investment horizon.
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What does the strategy cost?
The strategy is offered within a managed advisory relationship. Advisory fees generally range from 0.75% to 1.50% per year depending on total assets and overall relationship structure. Larger relationships generally fall toward the lower end of that range. There are no sales charges, performance fees, or carried interest. This includes ongoing portfolio construction, monitoring, rebalancing, risk management, valuation analysis, and direct access to the portfolio manager.
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How liquid is the strategy?
The strategy invests in publicly traded securities held directly in the client’s account. There are no lock-up periods or surrender charges. Positions are screened for trading volume before inclusion and can generally be liquidated under normal market conditions. However, the strategy is designed for a long-term investment horizon and should not be viewed as a source of short-term liquidity.
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How do I invest?
The first step is a conversation.
We’ll discuss your current portfolio, objectives, risk tolerance, time horizon, and whether the strategy is appropriate within the context of your broader financial plan.