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Current Trends in UMH Programs & Technology

Current Trends in UMH Programs & Technology

How have Unified Managed Households (UMH) been evolving in wealth management?  What are the essential elements of UMH?  Which segment of the industry has been leading with new UMH feature deployments? These questions and more were discussed during a panel session at the 12th Annual Managed Account and UMA Summit, organized by Financial Research Associates, […]

Merrill Streamlines Their Platform To Deliver UMH for Clients

Merrill Streamlines Their Platform To Deliver UMH for Clients

Posted by on Aug 12, 2014 in Industry Analysis

Last week, I was contacted by a reporter from FundFire looking for my comments on a new feature that Merrill Lynch has implemented as part of their $100 million platform consolidation project.  The project, called Merrill One, is replacing five other legacy programs, some of which have been running for over 25 years.  She was […]

Why Don’t Advisors Have Tools to Provide Holistic Advice?

Why Don’t Advisors Have Tools to Provide Holistic Advice?

 “It’s not what you look at that matters, it’s what you see.” — Henry David Thoreau According to a recent survey by Certified Financial Planner Board of Standards, Inc., 91% of consumers expect that the advice they receive from a financial advisor will take into account their total financial situation.  Yet, many advisors are still myopically focused […]

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 […]

The Future of Advice Delivery: What Will Solutions Look Like?

The Future of Advice Delivery: What Will Solutions Look Like?

Posted by on Oct 15, 2013 in Conference Summaries

This is a summary of a session from the FRA’s 11th Annual Managed Account and UMA Summit that was held in September 2013 in NYC. Moderator: Walter Hartford, VP, Business Development, F-Squared Investments Panelists: Kathleen Shkuda, President, Zigzag Consulting Jack Sharry, EVP, LifeYield Michael Jones, Chairman and CIO, Riverfront Investment Group Unified Managed Accounts (UMA’s) […]

Unified Managed Households: The Holy Grail of Wealth Management?

Unified Managed Households: The Holy Grail of Wealth Management?

Posted by on Feb 12, 2013 in Managed Accounts

This is a summary from a session from the MMI Tech & Ops 2012 Conference held in Jersey City, NJ last December. The subject of this panel was the Unified Managed Household (UMH) and the challenges and issues around planning, implementation and support. Moderator: Gary Jones, Vice President for Industry Operations, MMI. Panelists: Alex Morris, […]

NorthWestern Mutual to Roll Out LifeYield iPad App to Advisors

NorthWestern Mutual to Roll Out LifeYield iPad App to Advisors

Posted by on Jan 27, 2013 in Mobile

NorthWestern Mutual rolled out a new investment platform for advisors that integrates technology and services from a number of different vendors to provide and end-to-end wealth management experience. A big part of this platform is retirement planning and the core of this is provided by LifeYield, which will soon include an iPad app for advisors. […]

Why Haven’t Advisors Embraced Unified Managed Accounts?

Why Haven’t Advisors Embraced Unified Managed Accounts?

Posted by on Jan 1, 2013 in Conference Summaries

This is an overview of a session from the MMI 2012 Tech & Ops Conference held in Jersey City, NJ. Moderator: Jay Link, Managing Director, Managed Solutions Group, Merrill Lynch Panelists: Andrew Clipper, Managing Director, Head of Wealth Management Services, NA, Citi John Capelli, Managing Director, COO, Managed Account Advisors, Merrill Lynch Rob Klapprodt, President […]

Managed Accounts: Future Trends, Projections and Opportunities

Posted by on Sep 26, 2011 in Conference Summaries

This post is a summary from a panel session at the Financial Research Associates 9th Annual Managed Accounts Summit in Boston, MA. Moderator: Phil Masterson, Managing Director, Investment Manager Services Division, SEI. Panelists: Andrew Clipper, Managing Director, Citi Investor Services, Tracy Gallman, SVP, Investment Products & Platform Development, LPL Financial, Paul Oliu, Director of Business […]

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 […]