Transamerica Asset Management Expands Partnership to Offer Managed Accounts
Transamerica Asset Management (TAM) has expanded its partnership with Great Lakes Advisors by offering their Large Cap Value strategy through unified managed accounts (UMAs) and separately managed accounts (SMAs). This move aligns with TAM's goal of providing advisors access to diverse investment solutions. The collaboration allows GLA’s established equity strategy to reach a broader audience via TAM’s extensive distribution network, including platforms like LPL Financial, Charles Schwab, Morgan Stanley, and Envestnet. The partnership aims to enhance diversification for investors in an increasingly concentrated market environment by offering disciplined large-cap value exposure. Great Lakes Advisors is part of Wintrust Financial Corporation (NASDAQ: WTFC), which has $74.7 billion in assets under management. TAM operates as a subsidiary of Aegon Ltd., focusing on long-term financial goals through disciplined investing and risk management.
Topics: distribution network investment strategy managed accounts partnership