Why Some Advisors, SMA ManagersLove to Hate UMAs
Unified managed accounts don’t always bring advisors and portfolio managers the professionalrecognition they deserve, some say
BY MARK ELZWEIG
November 21, 2012
UMA offerings are all the rage these days with executives at major wirehouses. These fee-based offeringsallow advisors to build portfolios that contain separately managed accounts, mutual funds and ETFs,as well as stocks and bonds.
via Why do financial advisers, SMAs love to hate UMAs? — AdvisorOne Dec 2012.
