Brinker Capital Launches Unified Managed Account; Expands UMA Availability Beyond Wirehouses; Single Account Provides Portfolios Constructed with Managed Accounts, Mutual Funds, ETFs and Alternative Investments.BERWYN, Pa. -- Brinker Capital, a leading independent provider of managed account and mutual fund services, today announced the launch of its Unified Managed Account (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 ). 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. "Our UMA is the most sophisticated and user-friendly product in the marketplace today," 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 Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. and architect of the Brinker UMA. "In the two years that this product has been in development, we have been able to integrate the best of our investment experience with the most efficient and effective solutions for trade execution, recordkeeping and administration. It's also one of the few designed specifically to address the needs of the advisor who does not work at a large brokerage firm." Brinker's UMA is available through the firm's national network of independent registered investment advisors 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 advisors associated with insurance companies. While UMAs are already in use at some of the big wirehouse firms and regional firms, their availability to other advisor channels has been limited. The Brinker UMA delivers the firm's proven investment philosophy, asset allocation and rebalancing Rebalancing The process of realigning the weightings of one's portfolio of assets. Notes: For example, if your portfolio's proportion of stock has grown too large for your intended assets weightings and risk tolerance, you might rebalance by selling some stock and putting processes with a high level of customization. The minimum investment for the Brinker UMA is $250,000. At the outset of the UMA account, the advisor has the client complete a detailed questionnaire on financial status, investment experience, goals and risk preferences. The answers, along with the asset level, determine which of the 20 strategies in Brinker's UMA is the right fit. Within each strategy, Brinker is responsible for manager selection, portfolio construction and portfolio rebalancing. Because all of the investments used to implement the strategies are managed by carefully screened and monitored outside managers, Brinker brings no bias to the selection process and always puts the client's interests first. "We believe that our UMA will provide investors with access to more managers in more asset categories, like international, midcap and alternatives, than currently available from any other sponsor in the marketplace," noted Ms. Beaman. The UMA, with its 20 portfolio options and a minimum account size of $250,000, fills the in-between spot in Brinker's continuum of product offerings. Brinker's Destinations program, which requires a minimum investment of $100,000, offers six managed mutual fund strategies comprised of 15 to 18 separate funds. For investors with $1.5 million or more, Brinker's Core Asset Manager offers 70 customized investment options. About Brinker Capital Brinker Capital, Inc. is an independent investment consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a 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 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. were $5.8 billion as of December 31, 2005. Visit the Brinker website at www.brinkercapital.com. |
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