E*TRADE introduces new Unified Managed Account
source: http://primebrokerages.banking-business-review.com/news/etrade-introduces-new-unified-manage...
E*TRADE Financial, an online broker, has introduced a new professionally managed private investment account Unified Managed Account (UMA).
E*TRADE said the UMAs seek to maximize risk-adjusted returns by investing in a variety of investment vehicles, including individual stocks through more than 30 manager models, mutual funds, and/or exchange-traded funds (ETFs).
Portfolios may be customized to a customer's specific investment needs, as well as managed with an focus toward tax sensitivity.
E*TRADE Capital Management president & CEO Michael Curcio said the company is introduced a personalized, flexible investment solution to serve the diverse needs of customers who want professional help to meet their long-term financial objectives.
"With nearly 30% of our brokerage accounts in retirement products such as traditional and ROTH IRAs, we believe our offering is especially well-suited for customers and prospects who want help investing to reach their retirement goals," Curcio said.
E*TRADE said the UMAs seek to maximize risk-adjusted returns by investing in a variety of investment vehicles, including individual stocks through more than 30 manager models, mutual funds, and/or exchange-traded funds (ETFs).
Portfolios may be customized to a customer's specific investment needs, as well as managed with an focus toward tax sensitivity.
E*TRADE Capital Management president & CEO Michael Curcio said the company is introduced a personalized, flexible investment solution to serve the diverse needs of customers who want professional help to meet their long-term financial objectives.
"With nearly 30% of our brokerage accounts in retirement products such as traditional and ROTH IRAs, we believe our offering is especially well-suited for customers and prospects who want help investing to reach their retirement goals," Curcio said.
-
- tags:
- Technology, Banking, Business News, News UK
