Broker-dealer Investment Professionals Inc. (IPI) and wealth management research and technology provider FundQuest have launched an enhanced managed accounts platform called Private Asset Management.

The platform can handle a wide variety of products, from managed models to client-directed portfolios.

“The PAM platform providers IPI financial advisers with the resources to meet a range of client needs, from high-net-worth investors to those just beginning to build their investment portfolios,” said Daniel Rodriguez, director of wealth management at IPI.

“FundQuest’s customizable wealth management products allow PAM to service investors across the entire risk profile spectrum, offering an array of asset allocation strategies using investment vehicles such as mutual funds, exchange-traded funds, income portfolios, active/passive portfolios, unified managed accounts and separately managed accounts,” Rodriguez said.