Unified Managed Account

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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.
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The company has since grown its product line to include a managed mutual fund program, Unified Management Accounts, 401(k) retirement plan services, and relationships with more than 2,750 financial advisors at more than 200 financial institutions that participate in or distribute its products.
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