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Unified Managed Accounts (UMAs)
Unified Managed Accounts (UMAs)

UMAs are the Modern Day Evolution of Brokerage Account Structures Unified Managed Accounts (‘UMAs’) are the result of an industry that originated with brokers opening commission-based accounts with no access to third party managers which then migrated to SMAs with relatively high minimums and only one strategy. UMAs were inspired by an industry seeking greater […]