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 ?
SMArtX is a next generation unified managed accounts platform open exclusively to clients of SS&C Advent.
In addition to offering Unified Managed Accounts (UMA) Overlay Portfolio Management via Vestmark's technology platform, the OAM team has also appointed strategic teams to manage client portfolios.
A: We continue to hear a lot about unified managed accounts. 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.
It also provides its services to pension and profit sharing plans, banking or thrift institutions, mutual fund supermarkets, defined contribution platforms, unified managed accounts, sub-advisory accounts, institutional accounts, endowments, and foundations.
We looked at advisors who were the top users of unified managed accounts (UMAs) for large accounts (those greater than $1 million), and compared the growth rate of those advisors' firms to the population not using UMAs for larger accounts.
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 managed account offerings on Advisor Gateway include Unified Managed Accounts, Mutual Fund Portfolios, Income Portfolios, and Separately Managed Accounts.
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. For more information, please visit www.vcm.com.
Unified managed accounts overtook rep-as-advisor platforms for the first time, bringing in almost $48 billion, compared with just over $46 billion.
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.
Full browser ?