The next rollout for ESI Illuminations 2.0 is Separate Accounts.
ESI Illuminations, now makes available Separately Managed Accounts. A Separately Managed Account describes a portfolio managed by a Third -Party Money Manager who invests primarily in General Securities.
ESI will be making available 30 Portfolios, managed by two different Separate Account Managers, Morningstar and Fidelity.
The minimum for using Separate Account Manager is $150k. These portfolios will be available as a sleeve in a Unified Managed Account.
Look for these portfolios to be live on the ESI Illuminations Platform soon.
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