RIA’s Turning to Alternatives

After the financial meltdown of 2008, a “flight to safety” defined the investment landscape in 2009.   But if media headlines are any indication, 2010 may be defined by a boomerang effect, caused by advisors shifting client portfolios away from ultra-conservative holdings into more alternative investments such as hedge funds, currencies, limited partnerships, structured notes, private […]

The Pros & Cons of Overlay Portfolio Management Outsourcing

Excerpts from the 2009 MMI Technology & Operations Conference. The speaker for this session was Randy Bullard, Executive VP, Institutional Business Development, Placemark Investments. What is Overlay Management? Randy began by breaking down Overlay Portfolio Management (OPM) into two main components: Administrative/Operational Functions – Mostly accounting tasks such as simple asset class rebalancing, managing cash […]

Technology Impact of Models-Only UMA and UMH Programs

Excerpts from the 2009 MMI Technology & Operations Conference. The speaker for this session was Jean Sullivan, Managing Director at Dover Financial Research. What is the Technology and operational impact of the increasing growth of model only programs, UMA and UMH? How are firms on all sides of this process managing the challenges these programs […]