FundQuest and United Planners offer UMA

The platform will include eight product solutions, four mutual fund portfolios and the FundQuest ActivePassive Portfolio.
JUN 06, 2008
By  Bloomberg
FundQuest Inc. of Boston is partnering with United Planners Financial Services of America of Scottsdale, Ariz., to offer a new managed-account platform. The platform offering will include eight product solutions, four mutual fund portfolios and the FundQuest ActivePassive Portfolio. It will also include separate accounts, unified managed accounts and the Advisor Choice program, a fee-based variable annuity and universal life offering. The program will be available to adviser-qualified representatives of United Planners Financial Services. Also, the platform includes FundQuest’s technology, due diligence and back-office support. FundQuest, which is owned by BNP Paribas, a global financial services firm based in Paris, is an investment advisory firm that works with more than 110 financial institutions. As of February, the firm’s combined U.S. and European operations had $43 billion in assets under management.

Latest News

Maryland bars advisor over charging excessive fees to clients
Maryland bars advisor over charging excessive fees to clients

Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.

Wave of SEC appointments signals regulatory shift with implications for financial advisors
Wave of SEC appointments signals regulatory shift with implications for financial advisors

Reshuffle provides strong indication of where the regulator's priorities now lie.

US insurers want to take a larger slice of the retirement market through the RIA channel
US insurers want to take a larger slice of the retirement market through the RIA channel

Goldman Sachs Asset Management report reveals sharpened focus on annuities.

Why DA Davidson's wealth vice chairman still follows his dad's investment advice
Why DA Davidson's wealth vice chairman still follows his dad's investment advice

Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.

401(k) participants seek advice, but few turn to financial advisors
401(k) participants seek advice, but few turn to financial advisors

Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave