Brinker Capital, a managed account and mutual fund services company based in Berwyn, Pa., announced a 25% increase in assets under management, making the new total $5.8 billion. Since 2003, Brinker's assets have more than doubled, according to the company.
"Because we have no affiliation with any investment management firm, our interests are aligned with any investment management firm. Our interests are aligned with advisers and the investors they serve," said Brinker's National Sales Director and Principal Lee Dolan.
Dolan credits, in part, the company's 11-year old Destinations program, which includes six funds ranging from aggressive to conservative that are marketed as ready-made products to be matched to clients according to age or investment goals. Brinker recently began offering these funds in its 401(k) retirement portfolios.
Birnker also offers a Core Asset Manager program, which includes 70 portfolios created by 50 different managers.
Dolan predicted 2006 will be "another breakthrough year."