All articles by Charles Davis

The hot new thing in client town

The packages even include tax planning, as Charles Davis reports.Model portfolios investment scripts bought wholesale from third-party asset managers and implemented by bank trust departments to develop unified managed accounts are on pace to top $385 billion of managed assets within the next five years, according to a report from the Money Management Institute (MMI) and Dover Financial Research.This is regarded by experts as astonishing, given that total assets in model portfolios reached $91 million in June, the report said