The new offering will enable advisors to build customized UMA models and choose from more than 1,200 investment options, including mutual funds, ETFs and SMA portfolios for clients with investments ranging from $150,000 to multi-million dollar accounts. Additional information can be found at www.envestnet.com/UMA.
Drucker and Bruckenstein Offer Webinars
David Drucker and Joel Bruckenstein, financial industry practice management and technology experts, will present a series of free Webinars on best practices from the T3 Technology Tools for Today conference held earlier this year.
Technology can help achieve many of the efficiencies financial advisor firms need in the current recessionary environment, the experts say. To learn more about the subjects to be covered, visit www.TechnologyToolsForToday.com and click on "Sightings."
Broadridge Financial Creates Aspire
Broadridge Financial Solutions Inc., a Lake Success, N.Y., company that offers technology products for business outsourcing, is launching a suite of desktop productivity solutions for broker/dealers and investment advisors under the name Aspire.
The Aspire suite will offer programs for performance reporting, portfolio accounting and key broker capabilities. It will also offer wealth planning tools and an investor self-service portal. Aspire will enable firms to quickly reconcile significant volumes of data across a large number of accounts and to keep up with regulatory requirements. Additional information can be found at www.broadridge.com.
W.P. Stewart Now Open to Advisors
W.P. Stewart is now offering its W.P. Stewart & Co. Growth Fund to advisors for clients with less than $1 million, the amount normally required for a separate account with the firm. Until now, the fund was only open to friends and the family of existing clients.
The firm is a growth manager that was created during the 1974 recession. The Growth Fund holds a concentrated portfolio of 15 to 20 companies that are likely to double in earnings over the next five years.