BlackRock has gone live with a customizable public-private model portfolio within a unified managed account (UMA). The models are powered by GeoWealth’s UMA technology and supported by iCapital’s underlying technology capabilities.
The launch marks the first time a customizable model portfolio that includes access to both private and public market assets is available through a UMA, featuring streamlined administration and custodial integration.
Advisers are increasingly turning to models-based solutions to meet demands for more tailored products and access to diversified exposures. This collaboration is designed to simplify and enhance advisers’ ability to allocate across public and private markets.
“This launch represents a significant step forward, helping advisers allocate across both public and private markets all in one unified, professionally managed portfolio,” said Jaime Magyera, co-head of BlackRock’s U.S. wealth advisory business.
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