Brinker Capital's Unified Managed Account Tops $320 Million in Assets.Ranked Eighth-Largest UMA (1) (Unlicensed Mobile Access) See GAN. (2) (Upper Memory Area) Memory in a PC between 640K and 1M. More relevant in the days of DOS, this region was broken into Upper Memory Blocks (UMB) reserved for video memory and other Provider, Cerulli Associates Says Account Size More Than Double Industry Standard BERWYN, Penn. -- Brinker Capital, a leading independent investment management firm providing managed account and mutual fund services, today announced that its Unified Managed Account (UMA) product has reached $321 million in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . This makes Brinker's offering the eighth-largest in the UMA universe based on its assets, according to a recent Cerulli Associates report1. Launched in 2006, the simplified account structure of Brinker's UMA allows advisors to offer clients robust asset allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. in a fully diversified portfolio designed to a client's goals, risk tolerance Risk Tolerance The degree of uncertainty that an investor can handle in regards to a negative change in the value of their portfolio. Notes: An investor's risk tolerance varies according to age, income requirements, financial goals, etc. and asset level. Brinker's UMA incorporates managed accounts, mutual funds, exchange traded funds Exchange Traded Funds (ETF) Also known as ETF. A basket of stocks similar to an index mutual fund. However, there are a number of important differences between ETFs and mutual funds. (ETFs) and alternative investments on a single administrative platform. Clients also benefit from consolidated reporting, receiving all account information in a single quarterly statement and one year-end 1099. "We are thrilled with the reception our UMA has received from our financial intermediary Financial Intermediary An institution that acts as the middleman between investors and firms raising funds. Often referred to as financial institutions. Notes: This can include chartered banks, insurance companies, investment dealers, mutual funds, and pension funds. clients," said Noreen Beaman, Brinker's EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition of Strategic Planning and architect of Brinker's UMA. "Increasingly we're hearing from advisors who tell us the UMA has won them over, both from an investment management and an administrative point of view. We expect our product to continue gathering assets at an even faster pace as UMAs become better understood and utilized by the advisor community." Ms. Beaman noted that the average account size of Brinker's UMA is $850,000. By comparison, the average industry account size is $400,000-$500,000. Brinker's UMA is currently available through the firm's national network of independent registered investment advisors and advisors associated with insurance companies. About Brinker Capital Brinker Capital, Inc. is a leading independent investment management firm which provides managed account investment programs to individual and institutional investors through financial advisors. Brinker was founded in 1987 by Charles Widger and is located in suburban Philadelphia. Assets under management were $8.7 billion as of July 31, 2007. Visit Brinker's website at www.brinkercapital.com. (1)Cerulli Associates, Page 6, August 2007 |
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