Brinker Capital selects Managed Portfolio Advisors(SM) as overlay manager for its Unified Managed Account (UMA) platform.BOSTON -- IXIS Asset Management Global Associates (IXIS) announced today that Managed Portfolio Advisors has been selected by Brinker Capital to provide overlay management services for 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 ) program. The agreement is Managed Portfolio Advisors' third direct overlay management mandate and first mandate with a third-party asset management provider (TAMP). Managed Portfolio Advisors is a division of IXIS Asset Management Advisors, L.P. Brinker is a leading independent provider of managed account and mutual fund investment services. The firm is unique in that it accepts fiduciary responsibility for 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. and portfolio construction. "We are excited to work with Brinker Capital," said Managed Portfolio Advisors President Curt Overway. "Our relationship leverages the key strengths of each organization: Brinker's leadership in providing wealth management solutions to financial advisors, and our leadership in providing overlay management for multi-strategy portfolios and UMAs. We look forward to helping Brinker deliver highly customized asset allocation solutions to their clients." Brinker's UMA program, utilizing managed accounts, mutual funds and exchange-traded funds Exchange-traded funds (or ETFs) are Open Ended investment companies that can be traded at any time throughout the course of the day. Typically, ETFs try to replicate a stock market index such as the S&P 500 (e.g. across several asset classes in a single brokerage account Brokerage Account An arrangement between an investor and a licensed brokerage firm that allows the investor to deposit funds with the firm and place investment orders through the brokerage, which then carries out the transactions on the investor's behalf. , is designed to help financial advisors achieve asset allocation goals through a turnkey program that combines a selection of complementary investment strategies and a range of investment vehicles in a single integrated portfolio. Brinker's best-of-breed solution features a diverse line-up of managers selected by the firm's investment management research group. As overlay manager, Managed Portfolio Advisors will manage client portfolios based on investment recommendations from the participating managers, monitoring client portfolios for overlap and conducting regular 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 to ensure the portfolios stay in line with stated investment objectives. Portfolios may also be customized to meet specific client tax needs and investment preferences. "We have selected Managed Portfolio Advisors based on their experience in managing multiple- discipline accounts and their flexible approach," said Noreen Beaman, Executive Vice President at Brinker. "We see their ability to adapt to the needs of the underlying investment managers as a key factor in attracting top firms to the program. "Coming from a multi-manager investment Multi-manager investment is an investment product that consists of multiple specialized funds. Each specialized fund may invest across different sectors and markets, or having managers investing in the same asset class but have different investment styles. firm like IXIS, the Managed Portfolio Advisors team has an established track record and is uniquely experienced in the dynamics of managing multi-discipline portfolios. They will add significant value to the UMA investment solutions we can bring to our clients." About Brinker Founded in 1987, Brinker Capital is an independent investment management firm and provider of managed account and mutual fund services. Brinker works with financial advisors to meet the investment needs of a broad range of individual and institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. . The firm was founded on the strong belief that all investors should have access to the personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. investment services that were once only available to the largest institutions. Brinker offers investment manager 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. , asset allocation and client communication services, all designed to help financial advisors meet the investment needs of their clients. About Managed Portfolio Advisors(SM) Managed Portfolio Advisors provides a comprehensive solution for financial institutions seeking to build innovative, customized investment products. Based in Oakland, CA, Managed Portfolio Advisors is one of the industry's leading overlay managers1. The firm currently services more than $12 billion1 in total separate account assets, including more than $8 billion2 in multi-discipline strategies. A division of IXIS Asset Management Advisors, L.P., the firm integrates product development, portfolio construction, and manager selection with overlay management capabilities to deliver a comprehensive consulting service Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" . About IXIS Asset Management Global Associates IXIS Asset Management Global Associates provides market-driven investment solutions to institutions, intermediaries and individuals worldwide. The firm is part of IXIS Asset Management Group, which in turn is part of Natixis, a global banking and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company, which together rank among the top 15 global asset management organizations.3 Other firms affiliated with the organization include Active Investment Advisors Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and ;4 AEW AEW Airborne Early Warning AEW Air Expeditionary Wing AEW Airborne Electronic Warfare AEW Agr' Eau' Wat (Canadian agricultural consultant) AEW Amckerns Explosion Wars (Half Life community) Capital Management; Capital Growth Management; Caspian Capital Management; Hansberger Global Investors; Harris Alternatives; Harris Associates; Loomis, Sayles & Company; Portfolio Management Partners;4 Reich & Tang Asset Management; Snyder Capital Management; Vaughan Nelson Investment Management; and Westpeak Global Advisors. IXIS Asset Management Global Associates consists of IXIS Asset Management Distributors, L.P., IXIS Asset Management Advisors, L.P., IXIS Asset Management Global Associates, Inc., IXIS Asset Management Global Associates S.A., and eight business development units located across the globe, each of which are subsidiaries of IXIS Asset Management Group. IXIS Asset Management Distributors, L.P. and IXIS Asset Management Advisors, L.P. are both located at 399 Boylston Street Boylston Street is the name of a major east-west thoroughfare in the city of Boston, Massachusetts and its western suburbs. It begins at its eastern end in central Boston as the continuation of Essex Street at the intersection of Tremont, and forms the southern boundary of Boston , Boston, MA 02116. www.ixisga.com [TABLE OMITTED] |
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