Definition Matching!


Definition Matching!Online version Global Advisory Month - Pershing Goes Back to School on Advisory! Match the word to the best definition in the game. Make sure to screen shot and post your final score and time on the Global Advisory Leadership page on My Source Social to be entered for a prize! by Jessica Sweeney 1 Group 1 2 Group 2 3 Group 3 4 Group 4 5 Group 5 6 Group 6 7 Group 7 8 Group 8 9 Group 9 10 Group 10 Unified Managed Account (UMA) This is a multi-asset class offering that is not limited to a single investment solution. This offering will likely include mutual funds, ETFs, individual securities and potentially separately managed accounts (SMAs). Total Net Worth This encompasses all the investor’s assets and liabilities, for example, their house, jewelry, saving, tax liabilities, other debt etc; not just the amount of money an investor has to invest. Mutual Fund Wrap This offering delivers a portfolio of mutual funds across multiple asset classes. When a firm provides this investment solution to an advisor, they typically offer it with fixed asset allocation models or flexible asset allocation models. Flat Fee Under advisor model, advisors are compensated by what that is usually based on the percentage of assets under management. Private Banking Clients have access to their own bankers and mortgage officer, investment credit lines, cash management access accounts, and deposit capabilities. Fiduciary Standard of care RIAs operate to. Securities and Exchange Commission Registered Investment Advisors are governed under this regulatory agency. Wealth Manager Advisor who incorporates several disciplines such as investment management, financial and estate planning, and retail banking for their clients. Global Advisory The initiative at Pershing driving the change to better support advisors and investors. Customized A firm wanting to hand-pick their managed account investment offering for their clients would be best served by this type of offering.

Definition Matching!Online version

Global Advisory Month - Pershing Goes Back to School on Advisory! Match the word to the best definition in the game. Make sure to screen shot and post your final score and time on the Global Advisory Leadership page on My Source Social to be entered for a prize!

by Jessica Sweeney

Group 1

Group 2

Group 3

Group 4

Group 5

Group 6

Group 7

Group 8

Group 9

Group 10

Unified Managed Account (UMA)

This is a multi-asset class offering that is not limited to a single investment solution. This offering will likely include mutual funds, ETFs, individual securities and potentially separately managed accounts (SMAs).

Total Net Worth

This encompasses all the investor’s assets and liabilities, for example, their house, jewelry, saving, tax liabilities, other debt etc; not just the amount of money an investor has to invest.

Mutual Fund Wrap

This offering delivers a portfolio of mutual funds across multiple asset classes. When a firm provides this investment solution to an advisor, they typically offer it with fixed asset allocation models or flexible asset allocation models.

Flat Fee

Under advisor model, advisors are compensated by what that is usually based on the percentage of assets under management.

Private Banking

Clients have access to their own bankers and mortgage officer, investment credit lines, cash management access accounts, and deposit capabilities.

Fiduciary

Standard of care RIAs operate to.

Securities and Exchange Commission

Registered Investment Advisors are governed under this regulatory agency.

Wealth Manager

Advisor who incorporates several disciplines such as investment management, financial and estate planning, and retail banking for their clients.

Global Advisory

The initiative at Pershing driving the change to better support advisors and investors.

Customized

A firm wanting to hand-pick their managed account investment offering for their clients would be best served by this type of offering.