Placemark Investments, an overlay manager to financial services companies offering unified managed accounts (UMAs), said Wednesday it had received a new round of venture capital financing led by RBC Technology Ventures, Ascent Venture Partners and North Hill Ventures. The financial terms and amount of the deal were not disclosed.

UMAs offer investors a single account that combines multiple investment products, such as separately managed accounts, exchange-traded funds and mutual funds, for minimums as low as $100,000. They are becoming increasingly popular as a wealth management solution with firms that are looking to expand their fee-based investment programs.

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