Looking Ahead: Unified Accounts for RIAs?

August 2007
Journal of Financial Planning;Aug2007, Vol. 20 Issue 8, p25
Academic Journal
The article discusses Unified Managed Accounts (UMAs). Generally speaking, a UMA is an account that a financial advisor can track across a multitude of investment products, including mutual funds and exchange traded funds. Attractive in concept, UMAs can be difficult to implement in practice. According to Randy Bullard of Placemark Investments Inc., UMAs improve operational efficiency as they provide for centralized control of a portfolio. Some think UMAs are just an interim step to Unified Managed Household (UMH) accounts.


Related Articles

  • New UMA Program Launched.  // CPA Wealth Provider;Apr2007, p8 

    The article reports that Oppenheimer Asset Management Inc. and Placemark Investments Inc. have launched a unified manage account (UMA) in the U.S. The UMA offers portfolios consisting of premier investment managers and exchange-traded funds for broad spectrum of investor needs and risk levels....

  • New UMA Program Launched.  // Practical Accountant;Apr2007 Supplement, Vol. 40, p8 

    The article reports on the launch of a unified managed account by Oppenheimer Asset Management Inc. and Placemark Investments Inc. The account offers portfolios that consists premier investment managers and exchange traded funds (ETF) for a variety of investor needs and risk levels. The...

  • Staying Afloat Amid a Flood of New Alt Products. Epprecht, Margo // Financial-planning.com;10/1/2014, p7 

    The article discusses issues concerning the selection of the right alternative investments options in the U.S. Topics covered include the availability of alternative investment such as liquid alts, mutual funds and exchange-trade funds, the need for financial advisors for ensure that traditional...

  • The New It Fund. Wang, Penelope // Money;May2005, Vol. 34 Issue 5, p120 

    The article discusses the benefits and risks of a type of investment called exchange-traded funds (ETF), which are index funds that you can buy and sell like stocks. ETFs give you the best of two investing worlds, the low costs and one-stop diversification of index funds, and the tax efficiency...

  • Do-it-yourself ETFs.  // Consumer Reports Money Adviser;Jul2012, Vol. 9 Issue 7, p8 

    The article presents information on investment policy and do-it-yourself investments in exchange-traded funds (ETFs). Topics include management of a low-cost stock portfolio; a customized, dividend-oriented exchange-traded fund; and advice to individual investors on purchasing stock, index...

  • Make the Most of Your Fund Money. Baden, Ben // U.S. News & World Report;Mar2010, Vol. 147 Issue 3, p52 

    The article presents advice on investing in mutual funds. Exchange-traded funds offer an inexpensive and convenient way to increase one's portfolio diversification, while "all-in-one" funds such as those sold by Vanguard and T. Rowe Price are completely diversified within themselves. Avoid funds...

  • The Future Goes to The Alternatives.  // Money Management Executive;2/1/2010, Vol. 18 Issue 5, p2 

    The article reports on the use of alternatives for portfolio diversification of stocks, bonds and cash, as shown on the survey conducted by Rydex/SGI. It reveals that there are 86% of brokers who are interested to learn about alternative investments. It cites the three commonly used alternative...

  • Are Alts Making the Grade? TJORNEHOJ, JEFF // On Wall Street;Oct2013, Vol. 23 Issue 10, p32 

    The article explores the performance of alternative investments in 2013. It highlights the ranking of several mutual funds and exchange-traded funds ( ETFs) under Lipper Mutual Fund Performance Analysis including commodities specialty funds, equity leverage funds, and real estate funds. It also...

  • Make Room for Enhanced Alpha ETFs. Chaikin, Marc // Money Management Executive;3/10/2014, Vol. 22 Issue 10, p10 

    The article highlights the two product trends which dominated the exchange traded funds (ETFs) industry, namely smart beta and actively managed ETFs. It is said these investment vehicles aim to compete with index funds and actively managed mutual funds. It looks at the launch of enhanced alpha...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics