Vestmark Launches Tax-Managed UMA with Private Assets in Collaboration with iCapital, BlackRock, and Dynasty Financial Partners
Vestmark, Inc. has introduced a groundbreaking unified managed account (UMA) solution that integrates private assets with traditional SMAs in a single tax-managed portfolio. Developed in partnership with iCapital, BlackRock, and Dynasty Financial Partners, this innovation enables RIAs to combine alternative investments with ETFs, mutual funds, and direct index SMAs under one custodial umbrella.
The offering leverages iCapital's technology platform and BlackRock's asset allocation expertise, providing Dynasty advisors with streamlined access to both public and private market strategies. "We're finally delivering on the UMA's promise of simplicity and efficiency," a Vestmark executive noted, marking a significant evolution in wealth management technology.
