According to Cerulli Associates, "UMAs are now the platform of choice for the delivery of packaged, managed accounts at a variety of distributors ranging from banks and direct firms to large regional B/Ds and wirehouses."
The Fiserv UMA structure accommodates multiple programs and investment strategies with active and passive investing in a single account. With UMA trading from Fiserv, advisors can seamlessly transition their clients from single to multisleeve investing without repapering accounts. This enables advisors to take a comprehensive approach to their investors' total portfolio.
Download this infographic to learn how Fiserv can configure a unified managed account (UMA) program to support your firm's unique business model.