Asset International, Inc. (‘AI’) has agreed to acquire Strategic
Insight (“SI”), a research and technology firm serving the investment
management industry.
Morgan Stanley Smith Barney launched Select Retirement, an optional
income protection feature that is specially designed to augment the
Select UMA unified managed account program.
Pershing said it expanded its suite of managed account solutions to provide advisers with access to a diverse list of money managers and a broad spectrum of managed account tools and services.
The Depository Trust&Clearing Corporation (DTCC) introduced MAS Portal, a new Web-based interface to its Managed Accounts Service (MAS) that will enable immediate connectivity for investment managers who oversee managed accounts programs.
FolioDynamix enhanced its unbundled turnkey asset management program with the addition of its Principled Portfolio Solutions (PPS) discretionary investment management program.
As fond as I am of the phrase "the more things change, the more they stay the same," I sometimes question its applicability to the retirement plan space.
Although all advisers plan to increase their use of managed accounts, registered representatives at broker-dealer firms are twice as likely to plan on doing so.