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Envestnet | Tamarac has completely redesigned its Advisor Xi platform, fully integrating the Tamarac capabilities. The new platform, called Tamarac, includes enhancements to its suite of portfolio management, reporting, trading, rebalancing, client portal, onboarding and customer relationship management software. ...
Troubles in Liquid Alt Land
The Mainstay MarketField fund went from a gargantuan $21 billion AUM in 2014 to just around $500 million today, and therein is a cautionary tale for the whole genre of liquid-alts. As Morningstar’s Russ Kinnel points out, overselling the promises of liquid-alts has been problematic for asset managers and advisors alike. ...
Olden Lane and AXIO Partner for Distribution
Olden Lane Securities and AXIO Financial are forming a distribution partnership. Olden Lane is known for its outcome-oriented Unit Investment Trusts (UITs) and AXIO offers distribution to financial adviors. AXIO will begin distributing Olden Lane's Target Outcome Funds to independent borker/dealers, wirehouses and registered independent advisor channels. ... |
