WM Today now has its own Twitter Handle: @WM_Today

“Everyone thinks of changing the world, but no one thinks of changing himself.”Twitter WM_Today
— Leo Tolstoy

What a difference a year makes!  The number of views on this blog more than tripled from 2012 to 2013.  Thanks to all of you who have kept up with my posts and been interested enough to read what I have to say.

In order to provide more focused updates to my followers, I have created a separate Twitter handle dedicated to this blog and wealth management: @WM_Today.  Please follow this account to stay up-to-date on my blog posting and industry news.

This new account will free up the @CraigIskowitz handle to expand on my interests in everything mobile, the Apple ecosystem and general technology trends.  So, keep following me to see my updates on these topics.

Thanks again for your support and see you online!


Advice for Going Global with Managed Accounts

As the world has become flatter due to the effects of globalization, investors have felt pressure to diversify beyond their domestic markets.  Most financial firms met this demand by offering assets registered in multiple jurisdictions, however, this was usually only for non-discretionary programs.

Sponsors have recently been adding global capabilities to their managed account products as well such as multi-currency, F/X hedging and trading in foreign ordinaries.  Along with these expanded offerings comes additional layers of complexity.

This article is a summary of a panel session from the Money Management Institute’s Fall Solutions Conference that was held in October 2013 in New York City. The discussion covered the benefits and challenges of expanding managed account programs to meet the needs of global investors. It also covered some of the latest developments in the highly specialized marketplace for Depository Receipts (DR’s), American Depository Receipts (ADR’s) and Global Depository Receipts (GDR’s) and the impact of fungible trading on the managed accounts space. Continue reading

Top 10 Most Popular Posts from 2013

What were the most popular WM Today posts from 2013?  Portfolio rebalancing, financial planning and anything mobile were big draws last year.  Here are the top 10 according to stats from WordPress:

10. 5 Ways a Web Portal Can Excite Your ClientsJunxure logo

This summary from the fantastic Technology, Tools & Today (T3) conference highlights how software vendors need to continuously expand and evolve their product offerings in order to stay relevant.  Junxure CRM has done this by building their ClientViewLive portal, which acts as central integration hub for all other wealth management products.  Through it, clients can access their account holdings, performance reporting, online statements even financial planning tools via a single sign on and a well-designed user interface.

9. Which Portfolio Rebalancing Software is Right for You? Smartleaf’s ResponseSmartLeaf logo

Part of an ongoing series of articles focusing on automated software rebalancers, I thought it would be interesting to interview different vendors and compare their products and their approaches to portfolio management. Continue reading