Pershing Offers Turnkey Managed Account Solution for RIAs

Pershing Advisor Solutions has launched Managed360, a wrap, turnkey managed account solution designed for registered investment advisers (RIAs) that leverages the managed accounts from partner company Lockwood Advisors.

The offering comes on the heels of Pershing’s introduction of ManagedConnect, a dual-contract managed account offering that allows advisers to design customized portfolios on an open-architecture managed account platform.

“As investor attitudes and demands change, advisers are increasingly being challenged to define their unique value proposition and investor experience,” says Gabriel Garcia, managing director and head of relationship management at Pershing Advisor Solutions. “By bringing Managed360 to our clients, we believe we are filling an important need in the marketplace.”

The program is now available on Pershing Advisor Solutions’ brokerage platform. It features separately managed accounts, unified managed accounts, mutual fund wrap accounts and third-party strategists.