GMS Group Expands Managed Account Services

According to a press release, FundQuest will support GMS Group’s financial advisers with technology-based productivity tools, investment research, and monitoring services.

GMS is a specialist in tax exempt municipal bonds with more than $13 billion of fixed-income bond transactions in 2007. A key element of the firm’s high-net-worth investor program is to offer a full-range of investment options by launching a new managed accounts platform, according to the release.

The GMS Group’s new platform will offer their high-net-worth clients these managed account solutions: mutual fund models, Unified Managed Accounts with FundQuest overlay management, Separately Managed Equity Account models, ActivePassive Portfolios including exchange-traded funds, and universal life products.