The Next Generation in Unified Managed Accounts
Philadelphia, PA — Clark Capital Management Group, an independent, employee-owned investment advisory firm, has introduced the Personalized UMA (PUMA®). The PUMA® allows financial advisors to hand pick the most appropriate individual Clark Capital strategies and combine them into a single account. It is designed to help financial advisors address the unique needs of their clients in a more scalable and efficient way.
Since 2007, the firm has offered Unified Managed Accounts (UMAs), combining multiple asset classes and strategies into one account. The UMAs, like other industry UMAs, are model-driven and limited in their customization capabilities.
“Today’s client demands more versatility and customization and we want to give advisors what they need to meet those expectations,” said Harry Clark, CFP®, Chairman and CEO. “It is absolutely essential to address scalability and simplicity when providing personalized services. We believe the Personalized UMA will help advisors deliver a more positive and more relevant client experience. It can help advisors connect the financial plan directly to the client’s goals and objectives.”
The Personalized UMA offers:
- The ability to hand pick and combine Clark Capital strategies into a single account
- The flexibility to adjust the portfolio to meet clients’ changing needs without repapering the account
- Simplified household level performance reporting
“The PUMA® enables our portfolio managers to combine their efforts in a much more targeted way”, said Sean Clark, CFA® and Chief Investment Officer. “We’ve been managing UMA assets for years from a risk standpoint; now we can deliver a truly client-centered strategy.”
About Clark Capital Management Group
Clark Capital Management Group is an independent investment advisory firm providing institutional quality investment solutions to individual investors, corporations, foundations, and retirement plans. The firm was founded in 1986 and has been entrusted with approximately $2.8* billion in assets.
Our investment philosophy is driven by a single-minded focus: to add value for our collective clients. This focus requires us to seek superior risk-adjusted returns over full market cycles. It compels us to maintain a long-term perspective and provide innovative investment management solutions that enable advisor clients to achieve their life cycle goals.
*As of 3/31/2014
The opinions expressed are those of the Clark Capital Management Group Investment Team. The opinions referenced are as of the date of publication and are subject to change due to changes in the market or economic conditions and may not necessarily come to pass. There is no guarantee of the future performance of any Clark Capital investment portfolio. Material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Nothing herein should be construed as a solicitation, recommendation or an offer to buy, sell or hold any securities, other investments or to adopt any investment strategy or strategies. For educational use only. This information is not intended to serve as investment advice. This material is not intended to be relied upon as a forecast or research. The investment or strategy discussed may not be suitable for all investors. Investors must make their own decisions based on their specific investment objectives and financial circumstances. Past performance does not guarantee future results.
Clark Capital Management Group, Inc. reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs. The information provided in this report should not be considered a recommendation to purchase or sell any particular security, sector or industry. There is no assurance that any securities, sectors or industries discussed herein will be included in or excluded from an account’s portfolio. It should not be assumed that any of the investment recommendations or decisions we make in the future will be profitable or will equal the investment performance of the securities discussed herein.
Clark Capital Management Group, Inc. is an investment adviser registered with the U.S. Securities and Exchange. Registration does not imply a certain level of skill or training. More information about Clark Capital’s advisory services can be found in its Form ADV which is available upon request.
