MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, April 27, 2017 A $7-Billion TAMP Makes an SMA Ally and Vets More A Hebron, Kentucky-based TAMP, just teamed up with one SMA strategist, and the TAMP continues to search for and vet additional asset manager partners.
Meeder, a $12-billion AUM shop serving high net worth investors and institutional clients, will customize portfolios for advisors. FTJ selected Meeder as its premier partner "due to its 40 plus years of experience," Gary Manguso, vice president of product strategy at FTJ, tells MFWire. A spokesperson from Meeder was not immediately available for comment for this story. "We're entering a non-crowded space with rich history, and we believe we're giving investors something they need," says Manguso. According to Manguso, this SMA program gives high-net-worth advisors the opportunity to customize their clients' existing portfolios around targeted risks and different sectors while including tax management, with an account minimum of $1,000,000. "We saw an opportunity to get into the SMA space, but we retain our focus on key concepts our Market Movement Strategies platform offers," adds Manguso. Market Movement Strategies is FTJ's UMA program. Printed from: MFWire.com/story.asp?s=56033 Copyright 2017, InvestmentWires, Inc. All Rights Reserved |
