Managed Portfolio Advisors® Enters into an Agreement with BNY Mellon’s Pershing
The agreement unites MPA’s overlay management services with Pershing’s technology platform.
SAN FRANCISCO, April 11, 2017 – Managed Portfolio Advisors® (MPA), a San Francisco-based affiliate of Natixis Global Asset Management, today announced it has entered into an agreement with BNY Mellon’s Pershing to offer a flexible Unified Managed Account program to clients. The agreement unites MPA’s overlay management services1 with Pershing’s technology platform, which offers tools, reporting functionality and custodial services. MPA’s overlay management techniques are intended to harmonize an investor’s separately managed account strategies and other investment vehicles. The combined offering will drive increased efficiencies for clients, and allow for enhanced resources and accessibility.
“We’re excited to team up with one of the leading custodial platforms for RIAs and broker-dealer firms,” said Curt Overway, President of Managed Portfolio Advisors®. “Pershing’s state-of-the-art suite of managed account services is designed to provide financial professionals with a seamless and scalable way to access our overlay management services.”
Commenting on the agreement, Rob Coira, Director of Product Development for Pershing’s managed investments business, said, “MPA’s robust overlay services and sophisticated tax management capabilities can help clients take full advantage of the Unified Managed Account structure. Combining the capabilities of the two firms will allow us to deliver a high degree of customization and efficiency to our clients.”
The Pershing platform provides financial professionals with access to a suite of desktop tools, including client profiling, proposal generation, asset allocation, model creation, reporting and account opening, as well as maintenance capabilities. Leveraging Pershing’s platform, MPA will continue to provide clients with overlay management services, including separate account implementation, tax optimization, tax management overlay, trade execution, drift monitoring and portfolio rebalancing
About Natixis Global Asset Management
Natixis Global Asset Management serves thoughtful investment professionals worldwide with more insightful ways to invest. Through our Durable Portfolio Construction® approach, we focus on risk to help them construct more strategic portfolios that seek to endure today’s unpredictable markets. We draw from deep investor and industry insights and partner closely with our clients to put objective data behind the discussion. Natixis Global Asset Management is ranked among the world’s largest asset management firms.2 Uniting over 20 specialized investment managers globally ($877 billion AUM3), we bring a diverse range of solutions to every strategic opportunity. From insight to action, Natixis Global Asset Management helps our clients better serve their own with more durable portfolios.
Headquartered in Paris and Boston, Natixis Global Asset Management, S.A. is a subsidiary of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. Natixis Global Asset Management, S.A.’s affiliated investment management firms and distribution and service groups include Active Index AdvisorsSM;4 AEW Capital Management; AEW Europe; AlphaSimplex Group; Axeltis; Darius Capital Partners; DNCA Investments;5 Dorval Finance;6 Emerise;7 Gateway Investment Advisers; H22O Asset Management;6 Harris Associates; Loomis, Sayles & Company; Managed Portfolio Advisors®;4 McDonnell Investment Management; Mirova;6 Natixis Asset Management; Ossiam; Seeyond;8 Vaughan Nelson Investment Management; Vega Investment Managers; and Natixis Global Asset Management Private Equity, which includes Seventure Partners, Naxicap Partners, Alliance Entreprendre, Euro Private Equity, Caspian Private Equity and Eagle Asia Partners. Visit ngam.natixis.com for more information.
About BNY Mellon's Pershing
Pershing and its affiliates provide a vibrant and comprehensive network of global financial business solutions to advisors, broker-dealers, family offices, hedge fund and ’40 Act fund managers, registered investment advisor firms and wealth managers. Many of the world’s most sophisticated and successful financial services firms rely on Pershing for clearing and custody; investment, wealth and retirement solutions; technology and enterprise data management; trading services; prime brokerage and business consulting. Pershing helps clients improve profitability and drive growth, create capacity and efficiency, attract and retain talent, and manage risk and regulation. With a network of 23 offices worldwide, Pershing provides business-to-business solutions to clients representing more than 6 million investor accounts globally. Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon company. For more information, visit pershing.com.
1 Overlay management coordinates the implementation of multiple investment strategies or disciplines within a single account while ensuring the account remains aligned with a prescribed asset allocation.
2 Cerulli Quantitative Update: Global Markets 2016 ranked Natixis Global Asset Management, S.A. as the 16th largest asset manager in the world based on assets under management ($870.3 billion) as of December 31, 2015.
3 Net asset value as of December 31, 2016. Assets under management (AUM) may include assets for which non-regulatory AUM services are provided. Non-regulatory AUM includes assets which do not fall within the SEC’s definition of ‘regulatory AUM’ in Form ADV, Part 1.
4 A division of NGAM Advisors, L.P.
5 A brand of DNCA Finance.
6 A subsidiary of Natixis Asset Management.
7 A brand of Natixis Asset Management and Natixis Asset Management Asia Limited, based in Singapore and Paris.
8 A brand of Natixis Asset Management.
SAN FRANCISCO, April 11, 2017 – Managed Portfolio Advisors® (MPA), a San Francisco-based affiliate of Natixis Global Asset Management, today announced it has entered into an agreement with BNY Mellon’s Pershing to offer a flexible Unified Managed Account program to clients. The agreement unites MPA’s overlay management services1 with Pershing’s technology platform, which offers tools, reporting functionality and custodial services. MPA’s overlay management techniques are intended to harmonize an investor’s separately managed account strategies and other investment vehicles. The combined offering will drive increased efficiencies for clients, and allow for enhanced resources and accessibility.
“We’re excited to team up with one of the leading custodial platforms for RIAs and broker-dealer firms,” said Curt Overway, President of Managed Portfolio Advisors®. “Pershing’s state-of-the-art suite of managed account services is designed to provide financial professionals with a seamless and scalable way to access our overlay management services.”
Commenting on the agreement, Rob Coira, Director of Product Development for Pershing’s managed investments business, said, “MPA’s robust overlay services and sophisticated tax management capabilities can help clients take full advantage of the Unified Managed Account structure. Combining the capabilities of the two firms will allow us to deliver a high degree of customization and efficiency to our clients.”
The Pershing platform provides financial professionals with access to a suite of desktop tools, including client profiling, proposal generation, asset allocation, model creation, reporting and account opening, as well as maintenance capabilities. Leveraging Pershing’s platform, MPA will continue to provide clients with overlay management services, including separate account implementation, tax optimization, tax management overlay, trade execution, drift monitoring and portfolio rebalancing
About Natixis Global Asset Management
Natixis Global Asset Management serves thoughtful investment professionals worldwide with more insightful ways to invest. Through our Durable Portfolio Construction® approach, we focus on risk to help them construct more strategic portfolios that seek to endure today’s unpredictable markets. We draw from deep investor and industry insights and partner closely with our clients to put objective data behind the discussion. Natixis Global Asset Management is ranked among the world’s largest asset management firms.2 Uniting over 20 specialized investment managers globally ($877 billion AUM3), we bring a diverse range of solutions to every strategic opportunity. From insight to action, Natixis Global Asset Management helps our clients better serve their own with more durable portfolios.
Headquartered in Paris and Boston, Natixis Global Asset Management, S.A. is a subsidiary of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. Natixis Global Asset Management, S.A.’s affiliated investment management firms and distribution and service groups include Active Index AdvisorsSM;4 AEW Capital Management; AEW Europe; AlphaSimplex Group; Axeltis; Darius Capital Partners; DNCA Investments;5 Dorval Finance;6 Emerise;7 Gateway Investment Advisers; H22O Asset Management;6 Harris Associates; Loomis, Sayles & Company; Managed Portfolio Advisors®;4 McDonnell Investment Management; Mirova;6 Natixis Asset Management; Ossiam; Seeyond;8 Vaughan Nelson Investment Management; Vega Investment Managers; and Natixis Global Asset Management Private Equity, which includes Seventure Partners, Naxicap Partners, Alliance Entreprendre, Euro Private Equity, Caspian Private Equity and Eagle Asia Partners. Visit ngam.natixis.com for more information.
About BNY Mellon's Pershing
Pershing and its affiliates provide a vibrant and comprehensive network of global financial business solutions to advisors, broker-dealers, family offices, hedge fund and ’40 Act fund managers, registered investment advisor firms and wealth managers. Many of the world’s most sophisticated and successful financial services firms rely on Pershing for clearing and custody; investment, wealth and retirement solutions; technology and enterprise data management; trading services; prime brokerage and business consulting. Pershing helps clients improve profitability and drive growth, create capacity and efficiency, attract and retain talent, and manage risk and regulation. With a network of 23 offices worldwide, Pershing provides business-to-business solutions to clients representing more than 6 million investor accounts globally. Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon company. For more information, visit pershing.com.
2 Cerulli Quantitative Update: Global Markets 2016 ranked Natixis Global Asset Management, S.A. as the 16th largest asset manager in the world based on assets under management ($870.3 billion) as of December 31, 2015.
3 Net asset value as of December 31, 2016. Assets under management (AUM) may include assets for which non-regulatory AUM services are provided. Non-regulatory AUM includes assets which do not fall within the SEC’s definition of ‘regulatory AUM’ in Form ADV, Part 1.
4 A division of NGAM Advisors, L.P.
5 A brand of DNCA Finance.
6 A subsidiary of Natixis Asset Management.
7 A brand of Natixis Asset Management and Natixis Asset Management Asia Limited, based in Singapore and Paris.
8 A brand of Natixis Asset Management.
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