Investment mandateSigned
Managed Portfolio 01
- Eligible assets
- Approved universe
- Allocation
- Targets and concentration
- Venues
- Permitted markets
- Authority
- Manager discretion
- Risk
- Limits and exceptions
Governing legal document
Product
Steer Prime
The portfolio-management interface for creating and operating onchain managed accounts
A wallet does not understand an investment mandate
An investment management agreement can define eligible assets, concentration limits, approved venues, manager discretion, risk boundaries, and reporting obligations. A blockchain account sees addresses, signatures, and transactions.
Steer Prime is the interface between those worlds. It lets registered investment advisers, portfolio managers, and curators create portfolios and managed accounts, then map the mandate’s covered operating terms into onchain configuration.
Prime→Translate covered terms
Onchain accountActive configuration
Portfolio operating object
- OwnershipClient account
- ManagementNamed adviser or curator
- PolicyMatador
- Embedded systemBennett
- EvidenceState and activity
The adviser or curator manages the portfolio directly through Prime.
One configured mandateSame covered boundaries
Steer can execute recurring actions when the account configuration permits it.
Built for the person accountable for the portfolio
Prime starts with the manager’s real job rather than a list of protocols.
Registered investment adviser
Establish managed accounts, define the permitted investment universe, and operate within the client mandate.
Portfolio manager
Construct allocations, manage positions, and coordinate portfolio actions across onchain products.
Curator
Define a product shelf or portfolio configuration that other accounts can adopt within explicit boundaries.
The common requirement is accountability: someone owns the investment decision and needs the resulting account to respect a defined operating perimeter.
Two management modes, one configured perimeter
Prime does not force every account into automation.
Manager-directed
The adviser, portfolio manager, or curator initiates portfolio actions. Prime provides the account, product, allocation, and policy context required to manage those actions coherently.
Steer-operated
When the mandate and account configuration permit it, Steer can automate recurring portfolio work through the Network and the relevant product infrastructure.
On covered Matador paths, manual and automated actions face the same configured permissions, targets, functions, limits, and resulting-state checks. Automation changes who initiates routine work; it does not silently widen the mandate.
What becomes configurable
The operational portion of a mandate can include:
| Mandate concern | Prime configuration |
|---|---|
| Ownership and account structure | Client account, manager, delegated actors, and revocation boundaries |
| Investment universe | Eligible products, assets, instruments, and venues |
| Portfolio construction | Target allocations, concentration limits, and rebalancing parameters |
| Management authority | Permitted actions, discretion, approval requirements, and execution mode |
| Risk perimeter | Exposure limits, transaction constraints, and configured exceptions |
| Oversight | Positions, activity, account state, and reporting outputs |
Prime brings Matador and Bennett into the managed-account workflow. Matador provides transaction-policy enforcement on covered paths. Bennett is an embedded system within Prime; its detailed architecture remains part of the controlled product materials until a public description is approved.