Oppenheimer Asset Management strengthens financial advisors' technology and operations platforms.
Global Banking News-June 8, 2016--Oppenheimer Asset Management strengthens financial advisors' technology and operations platforms
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Global Banking News - 08 June 2016
Oppenheimer Asset Management Inc. (OAM) has announced strategic advancements to the technology and operations platforms for Oppenheimer & Co. Inc's financial advisors.
In addition to offering Unified Managed Accounts (UMA) Overlay Portfolio Management via Vestmark's technology platform, the OAM team has also appointed strategic teams to manage client portfolios.
Accordingly, the company has named executive director, Meghan Ramirez, who joins from Merrill Lynch after spending eight years on overlay portfolio management; and director Edward Reneri, an experienced trade and order manager. Barry Chan, who spent the last 10 years dedicated to trading, management and order routing for Oppenheimer, will also join the Overlay Portfolio Management team.
With UMA, Oppenheimer Financial Advisors can customise asset allocation such as managed accounts, exchange traded funds (ETFs), and mutual funds into a single account, tailored to meet the needs of their investors, the company said.
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