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Tuesday, November 5, 2002 TD Waterhouse Buys Private-Label Fund Wrap TD Waterhouse Institutional Services is working on a new Web-enabled managed accounts program for the 2,400 investment advisors who use it as a custodian. To create the service, the New York-based for is private labeling EnvestnetPMC's platform for both fund-based and separate account-based services. TD Waterhouse plans to unveil the new service by the end of the year. The service will initially offer more than seventy-five money managers that are currently on the EnvestnetPMC technology platform. "In today's evolving and challenging economic environment, advisors need quality investment choices complemented by cost-efficient services, and our alliance with EnvestnetPMC helps meet that goal. Additionally, EnvestnetPMC's ability to provide flexible solutions and access to some of the nation's leading money managers will give our advisors an edge in delivering superior service, " said J. Thomas Bradley, Jr., president, TD Waterhouse Institutional Services. EnvestnetPMC will also provide: Printed from: MFWire.com/story.asp?s=3915 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |