Separately Managed Accounts will soon be available in a Unified Managed Account, on the ESI Illuminations Platform!
For clients with $150,000 or more to invest, ESI Illuminations will soon make available the option to use a Separately Managed Account in your UMA account. Different from Third Party Strategists who build portfolios with mutual funds or ETF’s, Separate Account Managers use general securities in their portfolios.
The two managers being added are Fidelity and Morningstar. Both offer multiple all equity portfolios which means if being used as stand- alone are best suited for clients with a Diversified Equity Risk Tolerance. Another option is to use these portfolios in combination with another third- party strategist or separate account portfolio to create portfolios available to clients of all investment objective risk ranges.
Fidelity Advisor Portfolios
- Founders – seeks to provide capital appreciation through investments in the equity securities of founder-involved companies
- Growth Opportunities – seeks to provide long-term growth of capital through investments in the equity securities of domestic companies
- Small Company – seeks to provide excess return relative to the Russell 2000 Index over a full market cycle by investing in a diversified portfolio of small cap equities.
- Women’s Leadership – seeks to provide long-term growth of capital through investment in the equity securities of companies that prioritize and advance women’s leadership and development.
Morningstar Portfolios
- Dividend – seeks a large, reliable, and growing dividend income stream and long-term capital appreciation by investing in select securities of dividend paying companies and other businesses- usually large, high yielding, U.S. companies that tend to have attractive to modest long-term growth potential.
- Hare* – seeks long-term capital appreciation by investing in common stocks and other securities (American Depositary Receipts, master limited partnerships, and real estate investment trusts) focusing on companies with strong and growing competitive advantages.
- Small/Mid-Cap Equity – Seeks long-term capital appreciation by investing in select common stocks and American Depositary Receipts (ADR’s) of what Morningstar believes to be undervalued, typically fundamentally strong, small and mid-cap businesses with durable competitive advantages and growth potential
- Tortoise* – Seeks long-term capital appreciation by investing in select common stocks of undervalued companies with durable competitive advantages and strong balance sheets.
*Both of these portfolios are offered in a Non-MLP version
Consult the attached UMA Manual as a guide for how to research or run proposals. Or feel free to contact Sandy Colvin at ESI, 802-229-3016 or 800-344-7437 x3016 with any questions.
TC121178(0521)1