TD Ameritrade paves the way for breakaway books of business to transfer intact
PlaceMark deal modifies unified managed account platform so advisors can plug in their former wrap managers
![Craig Iskowitz](/_next/image?url=https%3A%2F%2Fwww.gravatar.com%2Favatar.php%3Fgravatar_id%3D74a924e6eb43e3a3391fd2165d5a1c50%26default%3Dhttps%253A%252F%252Fucarecdn.com%252F0b5addcb-6e7e-48f1-9e88-2279491e69b9%252Fiphonelogo.png%26size%3D50&w=1200&q=75)
Craig Iskowitz
The market share of UMA increased almost 100% from 2009 to 2010. It’s still only 6% of managed account assets, but if this kind of growth continues, UMA could outpace SMA and become the dominant product.
Here’s a good article that describes how one sponsor helped to drive the growth of UMA’s: JPMorgan Doubles Model SMA, UMA Business in 2010, which you can read here: http://wp.me/pPor1-56
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