FundFire: Sponsors Consider Adding More Options to UMA Programs

According to FundFire, investment advisory program sponsors are looking to boost their unified managed account (UMA) programs by providing greater options on discretion and asset allocation modeling.

At Fiserv the changes include more streamlined workflows and an updated interface for incorporating advisor-discretionary, and non-discretionary sleeves that can be combined with third-party models in a single account. Fiserv also added more capabilities for sponsor firms to implement more guardrails and controls around the rep-discretionary and non-discretionary sleeves.

  • Country
  • United States
  • Solution
  • Wealth Management Solutions
  • Industry
  • Wealth Management
  • Published
  • March 2016