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SMAs That Act Like Alternatives

Posted by on Jan 21, 2011 in Conference Summaries

This post is a summary of a session from the FRA’s 8th Annual Managed Accounts Summit. While many money managers have been switching client assets into alternatives in their search for better returns, David M. Spungen, Chief Executive Officer of Hillview Capital Advisors, LLC, believes this is a bad idea. For a taxable individual, alternative investments, particularly […]

3 Ways to Deliver Tax Efficient Investment Solutions

Posted by on Jan 18, 2011 in Conference Summaries

This post is a summary of a session from the FRA’s 8th Annual Managed Accounts Summit. The speaker for this session was Randy Bullard, Executive VP, Institutional Business Development, Placemark Investments. Randy began by listing the three main areas where tax efficiency can be achieved: Asset Placement – trust & estate planning, asset allocation and […]

How Break-Away Brokers are Changing the SMA Playing Field

Posted by on Jan 6, 2011 in Conference Summaries

This post is a summary of a session from the FRA’s 8th Annual Managed Accounts Summit.The moderator for this session was Kathleen Shkuda, President, Zigzag Consulting. The panelists were Eric M. Sutherland, Managing Director, Allianz Global Investors and Heather Gardner, Principal, CIMA, National Accounts Director, William Blair & Company. According to Cerulli, separate account consulting […]

Retail Investing: Finding True Alpha

Posted by on Dec 18, 2010 in Conference Summaries

In his presentation at the FRA’s 8th Annual Managed Accounts Summit, Jack Sharry began with a quick review of changes in investor sentiments over the past thirty years. We’re at a point now where the baby boomers are looking towards an uncertain retirement, he stated.  After the market upheavals of the past few years, the […]

UMH Taking Over Wealth Management

Posted by on Dec 18, 2010 in Conference Summaries

The next generation of wealth management products will be centered around Unified Managed Households (UMH).  This is a prediction made by Cheryl Nash at the FRA’s 8th Annual Managed Accounts Summit.  A UMH provides financial organizations with wider and deeper relationships with investors, she explained.  The goal is a more holistic approach to wealth management. Cheryl, […]

Break Away from the Status Quo, Gardner Urges

Posted by on Dec 18, 2010 in Conference Summaries

“Doing more with less” is how R. Buckminster Fuller, in his 1973 book Earth, Inc., proposed that the human race improve its overall standard of living by improving efficiency in order to survive. In his opening remarks at Financial Research Associate’s 8th Annual Managed Account Summit, Keynote Speaker David H. Gardner warned that the managed […]

How Citigroup is Trying to Leverage Social Networking

Posted by on Nov 5, 2010 in Conference Summaries

This post is a summary of a session from the FRA’s 8th Annual Managed Accounts Summit. The speaker was Chandresh Iyer, Managing Director and Head of Global Custody & Investment Services, Citigroup. Chandresh began by stating that Citigroup is looking at social networking as a means of delivering advice, since you’re more likely to do something […]

FundFire: Bank of Hawaii Launches $2B UMA Program

Posted by on Aug 12, 2010 in News

Article published on Fundfire on August 12, 2010 By Tom Stabile The Bank of Hawaii is the latest wealth management outfit to ride the unified managed account wave, unveiling a new program that opens the door to third-party separately managed account managers for the first time. The Honolulu-based bankexpects to shift more than $2 billion of its $6.6 billion in client assets over […]

SMA Managers Lean on Step-Out Trading for Fixed Income

Posted by on Mar 9, 2010 in Industry Analysis

SMA Managers are relying heavily on step-out trades to support investments in fixed income securities, according to the results of a survey done by Financial Research Corporation (FRC). The survey, which is titled “SMA Step-Out Trading Trends in 2009”, had responses from 23 managers and most (86%) managed 20,000 accounts or less. However, the managers […]

RIA’s Turning to Alternatives

Posted by on Dec 25, 2009 in News

After the financial meltdown of 2008, a “flight to safety” defined the investment landscape in 2009.   But if media headlines are any indication, 2010 may be defined by a boomerang effect, caused by advisors shifting client portfolios away from ultra-conservative holdings into more alternative investments such as hedge funds, currencies, limited partnerships, structured notes, private […]