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Rating:Placemark Hired for Canadian UMA Program Not Rated 4.0 Email Routing List Email & Route  Print Print
Tuesday, July 05, 2005

Placemark Hired for Canadian UMA Program

by: Theresa Sim

Placemark Investments was named the overlay manager for BMO Nesbitt Burns' new open-architecture unified managed account program.

The BMO Nesbitt Burns Architect Program is available to Canadian advisors for investors with at least C$150,000, or approximately $120,500.

Advisors can use pre-packaged model portfolios created with the help of BMO Nesbitt Burns or construct their own portfolios.

“Right now in this industry, you need multiple accounts and investment vehicles to get a diversified solution. Working with Placemark, our new Architect Program consolidates everything into one account with one fee and one statement," said Sarah Widmeyer, vice president and managing director of the Managed Assets Group at BMO Nesbitt Burns.  

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