A news release said that among the AssetMark offerings will be consolidated managed accounts as well as exchange traded fund portfolios.
Through the consolidated managed accounts, TPAs and Recordkeepers can access AssetMark’s latest privately managed account product. Consolidated managed accounts provides institutional-quality investment management and asset allocation in one account, according to the announcement
The account structure – incorporating an overlay portfolio manager, Portfolio Strategists and Investment Managers – brings diversification, customization and simplicity to the investment process, the news release said
“By offering TPAs and Recordkeepers access to outsourced investment solutions, they can provide Plan Sponsors with customizable solutions for employees looking for complete asset allocation solutions all in one account,” said Sean Gultig, vice president of Institutional Retirement Plan Services at Fiserv ISS.
More information about Fiserv ISS is at www.fiserviss.com .