A diligent approach to evaluating managers A team of professionals dedicated to the evaluation of investment managers plays an important role in the construction of UMA strategies
Unified managed account (UMA) strategies are distinguished by their use of SMAs, strategies that allow for a tailored approach. Different from pooled investments such as mutual funds, SMAs and UMAs deliver the benefit of individual stock ownership, which includes tax loss harvesting, industry screening and the ability to gift capital gains.
UMA portfolios offer a broad range of options for higher-net-worth clients. Investment options and optimization increase along with the investment amount, with accounts available at $300,000, $600,000 and $1 million entry points.
Asset allocations and managers are determined at the discretion of the AMS Investment Committee, in consultation with the AMS Due Diligence and Institutional Investment Research teams.
Raymond James does not provide tax services. Please discuss these matters with the appropriate professional.
Due diligence by the numbers
30 manager research and due diligence professionals
Nearly 374 combined years of industry experience
100+ on-site manager visits per year
150+ conference calls per year
250+ meetings in Raymond James offices in St. Petersburg and Memphis per year
As of 8/31/19. Due to the 2020 COVID-19 pandemic, the typical annual schedule of visits was converted to Zoom meetings, which would result in over 500 virtual meetings, of which 300 were conducted with current firms and managers on AMS platforms, and over 200 meetings with potential managers and strategists.