Envestnet buys UMA Experts Placemark Investments for $66 Million

Envestnet buys UMA Experts Placemark Investments for $66 Million

Posted by on Jul 7, 2014 in Industry Analysis

Last week, I was contacted by my new favorite reporter at FundFire, Danielle Verbrigghe (sorry Tom Stabile) who was writing an article about the purchase of Placemark Investments by Envestnet.  She wanted my view on the benefits of the acquisition to Envestnet as well as for the managers currently on Placemark’s platform. Envestnet was already the […]

Top 10 Most Popular Posts from 2013

Top 10 Most Popular Posts from 2013

Posted by on Jan 6, 2014 in Industry Analysis

What were the most popular WM Today posts from 2013?  Portfolio rebalancing, financial planning and anything mobile were big draws last year.  Here are the top 10 according to stats from WordPress: 10. 5 Ways a Web Portal Can Excite Your Clients This summary from the fantastic Technology, Tools & Today (T3) conference highlights how software […]

FolioDynamix v7.1 Delivers Support for Unified Managed Households

FolioDynamix v7.1 Delivers Support for Unified Managed Households

Posted by on Dec 17, 2013 in Industry Analysis

In a previous post (6 Keys to Launching a Successful UMA Program), one of the panelists commented that no vendors currently have a complete solution for Unified Managed Households (UMH).  I thought this would be an excellent opportunity to touch base with a few vendors that offer fee-based advisory platforms to learn more about their […]

Model Delivery is Risky Business, According to Money Managers Survey

Posted by on Oct 19, 2011 in Conference Summaries, Industry Analysis

Most investment managers believe that the risks associated with communicating model changes to sponsors are significant and have the potential to result in negative impact to their firms. This was one of the results of a survey done by Dover Research as reported by Jean Sullivan at the Financial Research Association’s 9th Annual Managed Account […]

Fee-Based Advisors Clamoring for Muni Bond Ladders

Posted by on Aug 10, 2011 in Industry Analysis

Are fee-based advisors looking to move more managed account assets into municipal bonds?  There is evidence that this is the case and that muni bonds as a percentage of managed account assets could grow over the next few years. Research from MMI/Dover shows consistent growth of fixed-income SMA objectives that corresponds to a consistent decline in […]

JPMorgan Doubles Model SMA, UMA Business in 2010

Posted by on Mar 8, 2011 in Industry Analysis

FundFire has an interesting article about the tremendous growth of JP Morgan’s managed account programs last year.  The article, written by Tom Stabile, describes some of the key features that made JPM’s programs so successful.  It also points out some new trends that are appearing in the industry. Open Architecture Is their UMA open architecture or […]

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 […]

A Conversation with Randy Bullard

Posted by on Mar 4, 2009 in Industry Analysis

Last week I had the opportunity to speak with Randy Bullard, Founder and EVP of Business Development at Placemark Investments.  I planned to ask him a series of detailed questions about his company’s tax management and optimization services. Here is the list of topics I wanted to cover: Tax Aware Transition of Pre-Existing Securities Tax […]