A well-rounded approach wins the day with the annual Top Program Managers ranking. This is not a list for one-trick ponies, as multiple metrics count toward managers' scores, including team AUM, team production, growth and production-per-advisor.
Investment advisers who manage client assets in separately managed accounts (SMAs) may encounter challenges scaling their products or executing certain strategies within an SMA.
For more than 20 years, series trusts have been popular organizational structures for launching a new mutual fund. Today, hundreds of funds throughout the mutual fund industry with assets measured in the hundreds of billions utilize a series trust structure.
