Unified Managed Account (UMA),
What is Unified Managed Account (UMA)?
A Unified Managed Account (UMA) is a professionally managed private investment account that can have multiple types of investments in one account. Investments can include mutual funds, stocks, bonds and exchange traded funds. Consensus-managed accounts are often balanced according to a specific schedule.
- A Unified Managed Account (UMA) is a privately managed investment account that can cover a wide range of investments such as mutual funds, stocks and bonds.
- In general, UMA balances from time to time to ensure that inventory reflects the right balance of investments.
- This is a type of account that is often preferred by high value investors who want more investment than they can get through separate managed accounts.
- UMA providers work with investors to design integrated departments that cover multiple investments, assist in tax planning and create effective balancing programs.
Literal Meanings of Unified Managed Account (UMA)
Meanings of Unified:
Evenly or completely integrated.
Meanings of Managed:
Responsible for management (company, organization or company).
Despite difficult circumstances, he managed to survive or achieve something.
Sentences of Managed
Your eldest son manages the farm
Katherine managed to sleep five hours last night.
Synonyms of Managed
make do, rule, weather the storm, get on, direct, fare all right, supervise, muddle along, make ends meet, control, carry on, superintend, get along, head, be all right, cope, survive, be in charge of, conduct, guide, do all right, handle, shift for oneself
Meanings of Account:
See or see yourself in a certain way.
Records or reports of financial income and expenses related to a particular period or purpose.
An arrangement in which an organization raises funds on behalf of a user or provides goods or services to a customer on credit.
An agreement that gives a user personal access to a computer, website or application by entering a personal username and password.
Sentences of Account
Detailed report obtained
He doesn't care about money
Synonyms of Account
take for, note, gravity, judge, consequence, interpretation, regard as, value, exposition, momentousness, substance, rendition, seriousness, reckon, tale, portrayal, see as, sketch, think, weightiness, weight, delineation, interpret as, bank account, statement, interest, report, ledger, look on as