Fiserv is pleased to announce the availability of the second in a four-part series of white papers focusing on the impact baby boomers are having on the industry.

As a result of the $33 trillion in assets gathered by boomers, the impending wave of retirements is driving a historic shift from asset accumulation to wealth preservation and income generation and unified managed accounts (UMAs) are very well suited for the retirement planning needs of affluent investors.

The second white paper in the series paper explores how the structure of UMAs, which can contain multiple products within a single account and provide financial advisors with effective tools for retirement planning, including account-level performance monitoring. The benefit of being able to view all of the assets within one account allows for more effective risk monitoring, which helps to ensure proper allocations are maintained and greater transparency in determining if there is too much exposure to one security or asset class across all products. Additionally, since all the tax lots are maintained in one account, tax sensitive trading and tax harvesting are more effective and efficient.

The “Retirement Series” is a four-part series that will include:

• Baby Boomers Driving a New Industry Focus
• Unified Managed Account (UMA) for Retirement
• Mutual Fund Advisory (MFA) for Retirement
• Wealth Management Advisory Services

>> Fiserv is making the executive briefing paper available for free. Click here to download the paper.