UMA Marketplace™

UMA Marketplace™ is Placemark's next generation UMA/UMH offering, allowing both individual RIAs and large institutions to develop custom UMH/UMH solutions utilizing any of the hundreds of SMA managers available, as well as thousands of mutual funds and ETFs available in the platform.

For large financial institutions, UMA Marketplace™ provides a unique solution for a number of problems:

Advisor Recruiting & On-boarding – UMA Marketplace™ has the most SMA products available within a UMA platform. With that product breadth, Placemark is able to replicate the UMA product architectures and SMA rosters of other major programs allowing you to onboard advisors without additional manager recruiting, contracting, or product development.
Dual-Contract SMA Program Alternative – UMA Marketplace™ is a lower cost and more efficient alternative to traditional dual-contract SMA programs and operates within your existing platform as a superior dual-contract SMA alternative.
Flexible UMA / UMH Platform – UMA Marketplace™ allows firms to move beyond packaged UMA programs and give advisors the flexibility of traditional sub-advised SMAs, dual-contract SMAs, and fund wrap programs, with all the features and benefits of a single UMA/UMH platform.
Enterprise Platform Transformation – UMA Marketplace™ is the first platform that enables institutions to efficiently and cost-effectively migrate from traditional dual-contract and sub-advised SMA programs to a single UMA/UMH platform, reducing cost, improving operational and compliance controls, and improving advisor recruiting and retention.

For independent financial advisors, UMA Marketplace™ is a significant improvement on existing wealth management solutions:

Product Flexibility – Access the products you want, unconstrained by the research limitations of a smaller platform provider. Configure solutions using any combinations of products (thousands of SMAs, mutual funds and ETFs) unique to each client's needs.
Custodial Options – Housing accounts on any of the major RIA custodial platforms, or multiple platforms, or access UMA Marketplace™ via the dual-contract SMA programs of many leading independent and regional broker-dealers.
Portfolio Customization – Access to highly customized portfolios for tax sensitive clients, socially responsible investments, completion portfolios and transition programs and other services tailored for complex high net worth client needs.
Broad Service Model – Client profiling, proposal generation, accounting opening and paperwork automation, workflow, performance reporting, tax gain/loss reporting, access to product information... all the services necessary to support your business.
Reduced Cost – Access to greater product breadth, portfolio customization and superior services and reduced cost as compared to other platforms and providers.

For separate account investment managers and ETF strategists, UMA Marketplace™ is a single platform that allows broad distribution without the integration and operating costs associated with traditional SMAs:

Ubiquitous Access – one contract and point of contact to support broad distribution across multiple financial institutions.
Low Operating Cost – simple model-based interactions with no variable expense or effort associated with operating individual client accounts.
Technology and Data Access – a robust workstation for both providing your investment advice, and receiving data on asset flows, fees, and other information critical to your business.

If you would like additional information on UMA Marketplace please contact us here and we'll get back to you immediately.