Advisors Asset Management's (AAM) Core Tax Exempt SMA Discipline Added to Envestnet's "PMC-Approved" List.MONUMENT, Colo. -- Advisors Asset Management (AAM n. 1. A Dutch and German measure of liquids, varying in different cities, being at Amsterdam about 41 wine gallons, at Antwerp 36½, at Hamburg 38¼. ), a leading investment solutions partner, today announced that Portfolio Management Consultants (PMC (1) See Portable Media Center. (2) (PCI Mezzanine Card) A PCI-based mezzanine card that is widely adapted to VMEbus, CompactPCI and PCI cards. ), the investment management arm of Envestnet, has added AAM's Core Tax Exempt Separately Managed Account to the "PMC-Approved" list, effective May 22, 2009. The PMC-Approved status is the highest level on the Envestnet platform. The designation seeks to ensure clients that the investment solutions offered are based on advanced analytics, strict due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. and time-tested portfolio construction techniques. "AAM is excited to have achieved this status on a major platform and our clients will benefit greatly as a result," said Scott Colyer, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. at Advisors Asset Management. PMC offers access to more than 80 institutional managers representing many of the nation's leading asset managers, and the selection process involves in-depth research and ongoing due diligence. The process narrows down the universe of more than 5,000 managers to provide advisors with access to managers who have demonstrated a consistent style and a proven track record. Once this list is reduced, PMC conducts thorough fundamental analysis of performance and risk attribution of the SMA (1) See SMA connector. (2) (Shared Memory Architecture) See shared video memory. (3) (Software Maintenance Association) A membership organization that began in 1985 and ended in 1996. . They then conduct qualitative analysis Qualitative Analysis Securities analysis that uses subjective judgment based on nonquantifiable information, such as management expertise, industry cycles, strength of research and development, and labor relations. where they perform scheduled, on-site due diligence meetings and investment committee discussions. Managers that have passed the rigorous manager selection process are added to Envestnet's "PMC-Approved" list. Any investment is subject to risk. This announcement is not intended as and should not be used to provide investment advice and is not an offer to sell a security or a solicitation of an offer, or a recommendation, to buy a security. Investors should consult with an investment advisor to determine the appropriate investment vehicle. Neither AAM nor PMC render tax, accounting or legal advice. Past performance is not a guarantee of future results. About Advisors Asset Management (AAM) Advisors Asset Management, Inc. (AAM) is a leading investment solutions partner for Broker/Dealers and advisors, offering a vast array of financial tools, leading technologies, and industry expertise. AAM provides bond services, portfolio support, financial tools, Unit Investment Trusts (UITs), structured products, and Separately Managed Accounts (SMAs). Established in 1979, AAM has 9 major offices across the nation and partners with more than 90 broker/dealers (34,000 registered reps), 3,000 independent registered advisors, and 175 street accounts which includes small and regional BDs and wirehouses. AAM is a broker/dealer, member FINRA/SIPC, SEC registered investment advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in and SEC registered investment company. For further information about investment solutions offered by AAM, please visit: www.aam.us.com. |
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