MANAGED ACCOUNT SOLUTIONS
Financial Advisers of America is pleased to announce the launch of a powerful new program designed to grow your fee-based business. Managed Account Solutions (MAS) is a comprehensive, integrated, flexible, easy to use fee-based investment offering. Through MAS, advisers and their clients gain access to scores of professional money managers and have a wide array of investment advisory wrap programs from which to choose.
Which Solutions Are Right for You?
Mutual Fund Advisory Program ($50,000 min. investment)This comprehensive program is designed to construct and manage well-diversified portfolios of mutual funds optimized for highly competitive risk-controlled performance. The Mutual Fund Advisory Program allows the rep to capitalize on the knowledge and professional money management expertise of Strategic Advisers, Inc., an experienced RIA that oversees one of the industry's largest mutual fund wrap programs.
Strategic Advisers Inc. sub-advises the private label program consisting of:
Exposure to a wide range of carefully selected mutual funds.
7 basic target asset mixes
13 model portfolios including taxable and municipal models.
Client appropriate asset allocation and broad market diversification.
Proprietary quantitative and qualitative analysis.
Ongoing monitoring and regular rebalancing.
Multi-Manager Account Program ($250,000 min. investment)
The Multi-Manager Account Program combines the convenience of a mutual fund with the advantages of an account managed by institutional money managers. This option merges asset classes and investment styles in a single brokerage account to build diversification at a moderate account size. In addition, simplified account paperwork eliminates the hassles of multiple statements.
Our Program is an actively managed portfolio of securities directed by two or more institutional asset managers in one account gives the rep access to:
- Premier institutional money managers with specialized experience in individual asset classes and investment style.
- Overlay portfolio management services provided by Envestnet Asset Management to monitor trading, rebalancing, restrictions, wash sales and more.
- Consolidated "sleeve-level" management and reporting.
- Broad diversification.
Separate Account Program (Typically investors with $500,000 or more)
This program allows our reps and their clients access to more than 75 premier separate account managers representing more than 200 investment disciplines. The program offers investors the opportunity to place assets in discretionary separate accounts managed by professional money managers. A bundled asset-based fee covers money management, trading, and custody.
The Separate Account Program includes:
- Billing, trading, due diligence, account monitoring, performance reporting and more.
- Due diligence, manager profiles and research provided by Envestnet Asset Management.
- Custom-tailored investment plans.
- Tax management opportunities.
- Ability to place restriction on portfolio holdings.