Unified Managed Account


Also found in: Dictionary, Thesaurus, Acronyms, Encyclopedia.

Unified Managed Account

An actively managed portfolio that contains many different investment vehicles, such as stocks, bonds, mutual funds, ETFs, and so forth. Some portfolios are structured such that they may only contain one investment vehicle or another, requiring an investor to open multiple accounts in order to diversify. A UMA prevents this.
References in periodicals archive ?
Through its intermediary channel, Victory Capital also offers retail and retirement clients mutual funds and ETFs as well as separately managed accounts through wrap fee programs and access to its investment models through unified managed accounts.
Unified managed accounts overtook rep-as-advisor platforms for the first time, bringing in almost $48 billion, compared with just over $46 billion.
But we have more advisors that directly manage money, and the fee structure associated with unified managed accounts isn't right for many of them.
These assets come from separate managed accounts, unified managed accounts, unit investment trusts, an open-end mutual fund, an actively managed exchange-traded fund, and the Fund.
We also believe all-encompassing unified managed accounts and unified managed households that are comprehensive and uniform in their compliance will take on a greater role because they're the best platform for advisors to act as the portfolio managers.
The American bank would provide services in support of MPA's unified managed accounts (UMA), multi-strategy portfolios (MSP) and separately managed accounts (SMA) business.
Citi's OpenSMA platform provides us with several unique features that allow us to accommodate the increasing scale of our business - automated trade order management, step-out processing, Multi-Style Portfolios (MSP) and Unified Managed Accounts (UMA) capability, fixed income automation and especially seamless connectivity to all our sponsor firms.
The managed account offerings on Advisor Gateway include Unified Managed Accounts, Mutual Fund Portfolios, Income Portfolios, and Separately Managed Accounts.
Fiserv clients will now have all managed account models - including rep as portfolio manager, but also exchange traded funds, unified managed accounts, mutual fund advisory and separately managed accounts - in one location.
According to Fiserv, total model portfolio assets, supporting both separately managed accounts (SMA) and Unified Managed Accounts, declined slightly (-0.
NEW YORK -- Citi today reported that OpenWealth([R]), its market-leading service solution for wealth managers, fully addresses the operational concerns of sponsors with Unified Managed Accounts (UMA) as detailed in a recent Cerulli Associates research report.
Full browser ?