Today investors require access, control and full transparency of their assets.  SMAs and UMAs allow investors to specify preferences such as; asset allocations, individual stocks, or exposure to industries. The account manager then appoints sub-managers to pick securities that conform to the respective investor preferences.

The unified managed account is an evolution of the separate account, which is similar in that it is a professionally managed account which is rebalanced often but only contains one type of investment instrument. If an investor wanted to have a well-diversified portfolio of stocks, bonds and mutual funds, he or she would need to open three separate accounts. The UMA removes the need to have more than one account and combines all of the assets into one account with a single registration.

Variman’s full-service customized platform provides complete coverage including account workflow, reconciliation, trade support, billing and performance reporting.

• Web-based platform offering middle- and back-office functional support to satisfy all operational needs
• Single portal to multiple accounts for an instant, comprehensive view of all activities, processes and procedures
• Meets current and anticipated compliance requirements with secure audit trails and access logs