Katie Hendrix, Vice President and Director of Asset Allocation Research at Dimensional Fund Advisors, joins Mike Langford to discuss the firm's newly unveiled UMA platform, which provides access to personalized and tax-efficient investment solutions.
Sound Bites
"SMAs and UMAs are making investment solutions available to a wider range of people, not just the ultra high net worth individuals."
"Dimensional's UMA platform has allowed the firm to scale and serve a larger number of accounts with a small increase in headcount."
"The UMA platform allows advisors to offer customized solutions while also having scalability and operational efficiency."
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If you would like to follow up with Katie, shoot her an email.
Key Takeaways From This Episode
Dimensional Fund Advisors has launched a UMA platform that combines the benefits of SMAs and ETFs, providing advisors with personalized and tax-efficient investment solutions.
The UMA platform offers operational efficiency, flexible asset allocation, and multifaceted tax management, allowing advisors to outsource the day-to-day management to Dimensional.
Dimensional plans to expand the UMA platform to include mutual funds and enhance its model management capabilities.
Advisors can learn more about the UMA platform on Dimensional's website and request a demo.
Resources Mentioned In This Episode:
Planning for Charitable Giving - Katie mentioned how UMAs are great tools for helping clients plan for charitable giving. Learn more about Donor Advised Funds on this episode with Adam Nash of Daffy.
Dimensional Fund Advisors UMA Platform - This landing page offers a tremendous amount of insights into the new DFA platform for UMAs.
The Trend Toward The Personalization of Investing At Scale - In this episode of the Augmented Advisor Podcast, Katie Hendrix and Shawn Jaberzadeh joined Mike Langford and John Prendergast, CEO of Blueleaf shortly after the launch of Dimensional's SMA solution.
Chapters
00:00 Introduction to the UMA Platform
14:17 Difference Between UMA and SMA
18:05 Development Process of the UMA Platform
30:06 Future of the UMA Offering