Money Manager X-Change

Like many financial advisors, you may be considering third-party money managers for the investment management of your client portfolios.

You like the idea of expanding your investment offering to clients…you see outsourcing as a way to increase your efficiency and make your business more scalable….or you see it as a means of lowering your investment-management-related overhead.

Whatever the reason, the Money Manager X-Change, or MMX, program is a convenient way to use third-party money managers and strategies to meet clients’ investment needs.

Whether you outsource all your investment management or round out your offerings with complementary strategies and money managers, the MMX program is an excellent resource for your business.

Available on the Liberty platform, MMX provides a convenient UMA structure that enables you to use multiple managers, models, or strategies in a single account.

With MMX, you’ll select from a list of leading third-party money managers and strategies, including mutual fund and ETF strategists, pure stock models, strategic and tactical management styles, holistic asset allocation models, and other specialized strategies to meet clients’ unique needs.

Once you’re set up, you can add or subtract money managers from an account without having to open a new account. You can also report performance at the model, account, and/or household level. And you can tax trade your clients’ investments. You can even customize fees to specific assets, models, or strategies within an account.

Pre-established pricing is available for our select money managers, so you can start delegating investments quickly and easily.

And, because MMX is available on the Liberty platform, it provides:

• Easy client onboarding with a simple - new account application with e-Signature capability.

• Built-in performance reporting with multiple options for reviewing account holdings, allocations, and households in a single view.

• A robust, integrated fee-billing engine.

• Account aggregation so you can view and manage your client’s entire financial picture.

• An open architecture structure that enables integrations with popular third-party technology, including CRMs, financial planning, and risk-profiling tools.

• And, private labeling of your client portal, statements, and reports.

To learn more about MMX and how we can help integrate this feature easily and seamlessly into your business, contact us today.