U.S. Managed Accounts: 2022 in Review and 2023 Projections
November 10, 2022
Join Cerulli for a look at the U.S. managed accounts market—including market sizing and trends in 2022 and our projections for 2023 and beyond. During this 45-minute discussion, Tom O’Shea, CFA and Matt Belnap will explore the rise of direct indexing and the industry spotlight on personalized portfolios, changes to portfolio construction and discretion, and other product development initiatives that asset managers and sponsors should consider as strategic planning and budgets are prepared for the new year.
Don’t miss out! For asset managers and sponsors, this webinar will uncover many top-of-mind trends and the implications for market players. Attend to:
- Explore the ongoing theme of customization through direct indexing and how increased use of this investment style will impact managed account sponsors and asset managers
- Assess how managed account sponsors are prioritizing platform consolidation and how this impacts the industry
- Understand how advisors are using managed accounts and how additional customization is allowing advisors to move managed accounts downmarket
Presented by:
Matt Belnap
Associate Director
Bio →
Matt Belnap
Associate Director
As an associate director, Matt plays a critical role in developing research across the retail financial services spectrum, including wealth management, managed accounts, and product development. Matt contributes to nine Cerulli reports across three research practices and manages The Cerulli Edge—U.S. Advisor quarterly publication.
Matt began his career in financial services at Eaton Vance investment management, serving in a variety of roles, ranging from shareholder services, to institutional marketing, and in competitive analysis seeking strategic distribution opportunities.
Full biography here.
Tom O'Shea, CFA
Research Director
Bio →
Tom O'Shea, CFA
Research Director
Tom has over 20 years of experience in the financial services industry. Prior to joining Cerulli, Tom was an Investment Product Manager at Fidelity’s Global Asset Allocation Division, where he played a leadership role in the ongoing development of Fidelity Personalized Portfolios, Fidelity’s Unified Managed Account (UMA) for retail customers. He also led the investment managers in creating the Breckenridge Municipal Portfolio, Fidelity’s first separate account for consumers managed by a third party. Before working on the retail side of Fidelity, Tom built and led the team that developed Fidelity’s Separate Account Network for registered investment advisors (RIAs), and his group partnered with a third party wrap sponsor to create Managed Account Resources, a UMA platform for RIAs.
Tom began his career in high tech, working in sales, business development, and product management at a number of software firms, including Lotus Development Corporation.
Full biography here.
Summary
Join Cerulli for a look at the U.S. managed accounts market—including market sizing and trends in 2022 and our projections for 2023 and beyond. During this 45-minute discussion, Tom O’Shea, CFA and Matt Belnap will explore the rise of direct indexing and the industry spotlight on personalized portfolios, changes to portfolio construction and discretion, and other product development initiatives that asset managers and sponsors should consider as strategic planning and budgets are prepared for the new year.
Don’t miss out! For asset managers and sponsors, this webinar will uncover many top-of-mind trends and the implications for market players. Attend to:
- Explore the ongoing theme of customization through direct indexing and how increased use of this investment style will impact managed account sponsors and asset managers
- Assess how managed account sponsors are prioritizing platform consolidation and how this impacts the industry
- Understand how advisors are using managed accounts and how additional customization is allowing advisors to move managed accounts downmarket
Access the Recording
Submit your information below to access the webinar.