UMA/SMAs
A basket of SMA managers
What is a UMA?
The investment minimum for the SMART ESG Basic model
The percentage of a participant's paycheck that goes into their 401a
What is 5%?
The dollar limit for mobile check deposits
What is $250,000?
Investment accounts that are given special treatment by the IRS
What are Qualified Accounts?
True or False: You can restrict individual stocks in a UMA
True
True or False: Clients always get free trading within our mutual fund models
False
The restriction on the TIAA real estate fund
What are quarterly transfers out?
True or False: Fixed income accounts are billed at the same rate as all other wealth management accounts
False
An individual with a net worth of over $1,000,000 or income over $200,000 in each of the prior 2 years
What is an accredited investor?
Avoiding embedded capital gains
What is owning your own individual cost basis?
This is our only approved alternative investment
What is BREIT?
The current crediting rate for TIAA Traditional in 403b accounts
What is 5.75%?
This must be delivered to existing wealth management clients when opening up a new account with a new registration
What is Form CRS?
a measure of how dispersed the data is in relation to the mean
What is standard deviation?
A portfolio management process that historically adds 1-2% alpha
What is a tax overlay strategy?
The expense ratio for all of our mutual fund models (range)
What is 15-65 bps?
$45,000
What is the max contribution to your 403b and 457 (without catch-up)?
This type of request must be verified verbally with the client by calling the client at a known phone number
The acronym of SMART
Adasina Social Capital, KBI Global Investors, Water Asset Management, Wellington Management
Who are the thematic SMA managers?
30% equity and 70% fixed income
What is the current asset allocation for the ESG and/or Fossil Fuel Free Moderately Conservative models?
The years of service for a participant to get lifetime insurance benefit after retirement
What is 10 years?
The number of days a check must be held in the safe after being mobile-deposited
What is 10 days?
An evaluation tool used to explain and analyze a portfolio's performance against a particular benchmark
What is attribution?