Vestmark Enters into a Partnership with UBS Wealth Management USA...

Vestmark Enters into a Partnership with UBS Wealth Management USA to Provide Model Portfolio Services for Separately Managed Accounts

Capital Markets CIO Outlook | Monday, May 24, 2021

John Lunny, CEO, Vestmark

Beginning May 5, UBS clients gained access to eight model portfolio suites with no additional investment manager charge. Vestmark Advisory Solutions will handle the discretionary overlay.

FREMONT, CA: Vestmark, a leading provider of portfolio management tools and trading software, has announced that Vestmark Advisory Solutions, the firm's registered investment advisor (RIA) subsidiary, has collaborated with UBS Wealth Management USA to expand its offering of zero-fee Separately Managed Accounts (SMA). The offering includes model portfolios developed by BlackRock, Dimensional Fund Advisors, J.P. Morgan, Capital Group (home of American Funds), Natixis Investment Managers and Nuveen.

Beginning May 5, UBS clients gained access to eight model portfolio suites with no additional investment manager charge. Vestmark Advisory Solutions will handle the discretionary overlay.

Vestmark's solution for UBS greatly simplifies model distribution and management for fund managers who develop them and financial advisors who deliver them via SMAs.

"I'm pleased that we can increase investor choice and provide greater differentiation to meet our clients' unique needs, outcomes and investment objectives," stated Jason Chandler, Head of Wealth Management USA at UBS. "At the same time, we're giving our advisors a competitive advantage by adding strategies that complement our offering in a pricing structure our clients love."

"We are incredibly proud to be providing an innovative, turnkey solution that connects UBS advisors with a wide array of SMA strategies from some of the world's top asset managers," stated John Lunny, Chief Executive Officer of Vestmark. "We were able to bring to bear the powerful combination of the world-class VestmarkONE platform, Vestmark Advisory Solutions, and our award-winning Outsourcing Solutions. Due to Vestmark's deep, long-standing relationship with UBS, we have been able to seamlessly enable a distribution solution with these top-tier asset managers and quickly bring this solution to market."

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