Gyroscope Capital Management

their website for gyroscopecapital.com redirected entirely to First Trust Advisors L.P. (ftsma.com), a firm offering custom wealth solutions to financial professionals. First Trust Advisors provides direct indexing, structured investment strategies, and custom option solutions through separately managed accounts, positioning itself as a back-end investment manufacturing partner for advisors and wealth managers serving end clients.

The firm’s product lineup centers on tax-aware portfolio construction and customization at the individual account level. Key offerings include:

• Direct Indexing and Premium Direct Indexing, allowing advisors to build index-like exposure with individual securities and tax-loss harvesting
• Values-Based Strategies for clients with ESG or screening requirements
• Structured Investment Strategies in both neutral and defensive configurations
• Custom Option Solutions for tailored risk and return profiles

Family offices evaluating this provider should note that First Trust Advisors operates as a strategy manufacturer and investment consultant rather than a direct client-facing wealth manager. Its value lies in providing advisors and investment teams with configurable equity and structured product strategies, particularly where tax efficiency and personalization are priorities. The offering appears oriented toward US-based financial professionals, and no family office-specific onboarding, reporting infrastructure, or consolidated portfolio tools are described on the site. Pricing is not publicly disclosed, and the depth of direct family office engagement versus intermediary-only distribution is unclear from the available content.