This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Raymond James Partners With RiverFront Investment Group To Offer Dynamic UMA Models

Stocks in this article: RJF

RICHMOND, Va., March 15, 2011 /PRNewswire/ -- Raymond James Asset Management Services together with RiverFront Investment Group introduced four new model portfolios on the Raymond James Freedom Unified Managed Account platform.  The new Freedom Dynamic UMA portfolios incorporate RiverFront's separately managed account portfolios as the dynamic engine in the Dynamic Growth, Dynamic Balanced, Dynamic Balanced with Growth and Dynamic Equity Income Freedom UMA portfolios. The account minimums are $300,000.

"We are honored to have the opportunity to further strengthen our long standing partnership with Raymond James and offer these new UMA models on the Freedom platform," said Michael Jones, RiverFront's Chairman and Chief Investment Officer.  "These new portfolios bring together an innovative combination RiverFront's Dynamic Strategic asset allocation strategies and Raymond James preferred alternative investment capabilities.  The goal is to provide investment solutions that can manage portfolio risk, even in a rising interest rate environment."

Raymond James introduced its Freedom UMA platform in 2008 and now offers more than 50 asset allocation models across six investment objectives to accommodate investor needs. Utilizing institutional-quality techniques, portfolios are constructed with multiple separately managed accounts (SMAs). Mutual funds in selected asset classes provide further diversification for some models.

"The Freedom platform has proven to be a valuable tool in helping our clients reach their financial goals," added George Raffa, National Director of Sales for Raymond James Asset Management Services.  "We are very pleased to be expanding our relationship with RiverFront and partnering with them to enhance our Freedom offerings."

Unified Managed Accounts are one of the fastest growing segments in the managed solutions industry.  They allow clients and FAs to deliver multiple investment disciplines in a single integrated custody account.  RiverFront's industry leading transparency that allows advisors to view RiverFront's portfolio holdings on a daily basis and communicates trade rationales on a regular basis is uniquely suited to serve the growing UMA marketplace.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs