Press Releases

Oct. 1, 2014


Envestnet, Inc. announced today that it has completed the acquisition of Placemark Holdings, Inc.

July 1, 2014

Envestnet to Acquire Placemark Investments

Envestnet, Inc. announced today that it has entered into a definitive agreement to acquire Placemark Holdings, Inc.

March 18, 2014

Placemark Investments Reaches 2,000 Strategies Milestone

Placemark Investments announced today that they now have more than 2,000 strategies available to their clients, a new milestone for the firm.

 Oct. 21, 2013

Placemark Investments Launches New Integration with AdvisoryWorld Financial Technology

Placemark Investments announced today that they are launching a new integration with AdvisoryWorld Financial Technology. Financial advisors will now be able to build portfolio solutions using AdvisoryWorld’s research and analytics.

Aug. 19, 2013

Placemark Investments Amplifies Advisory Solutions Team with Two New Hires

Placemark Investments announced today the addition of Scott Smith and Michelle Barbiere as Vice Presidents of the firm’s Investment Advisory Solutions team.

Jan. 28, 2013

The Rockledge Group Joins Placemark Investments' UMA Marketplace Platform

The Rockledge Group, an investment management firm specializing in Alternative Strategies and Sector Investing, today announced that its L2 Sector Rotation Strategy is now available.

Dec. 11, 2012

Absolute Capital's Money Management Strategies to Join Placemark Investments' UMA Marketplace® Platform

Absolute Capital Management, LLC announced today that their Asset Allocator, Portfolio Protector and Sector Selector money management strategies are now available to financial advisors.

 Nov. 15, 2012

Northwest Asset Management's Alternative Investing Strategies Join Placemark Investments' UMA Marketplace® Platform

Northwest Asset Management (NWAM) announced today that its Dynamic Investing Group's (DIG) Global Trends Balanced and Growth "alternative investing" strategies are now available.

Sept. 24, 2012

Horizons West Capital Partners' Income-Oriented Strategies Join Placemark Investments UMA Marketplace® Platform

Horizons West Capital Partners, LLC is now making its Multi-Strategy Hedged Income Model Portfolios available to Financial Advisors on major RIA custodial platforms through the Placemark UMA Marketplace Platform.


July 23, 2012

Hahn Managed ETF Portfolios -Now Available on Placemark's UMA Marketplace® Platform

HAHN Investment Stewards & Company Inc. (HAHN) is pleased to announce that HAHN Managed ETF portfolios are now available to financial advisors on major RIA custodial platforms, through the Placemark UMA Marketplace® Platform.


July 17, 2012

Placemark Investments Expands Enterprise Sales and Hires Erik Preus, CFA as Executive Vice-President

Placemark announced today that they are expanding their Executive Management Teams by hiring long-time investment industry veteran, Erik Preus, CFA as Executive Vice-President.

June 28, 2012

AlphaClone's Innovative Hedge Fund Replication Strategies Now Available to Financial Professionals in Separate Account Form

AlphaClone, the leader in hedge fund position replication or "cloning", announces today their entire suite of Core Strategies will be available to financial professionals

May 8, 2012

Mesirow Financial Investment Strategies Brings Precision Portfolio Strategies to UMA Marketplace

Mesirow Financial announced today that the Investment Strategy Precision Portfolio strategies are being made available through UMA Marketplace.

April 13, 2012

Financial Trust's Separately Managed Account Strategies Join Placemark Investments' UMA Marketplace Platform

Financial Trust Asset Managements 13 Separately Managed Account Strategies are now available to financial advisors on major RIA custodial platofrms, through UMA Marketplace Platform.

Feb. 27, 2012

Verity's Top Ranked Fund Joins Placemark Investments' UMA Marketplace Platform

Verity's Small-Mid Cap Value portfolio is now available to financial advisors at TD Ameritrade Institutional, Schwab Institutional, Pershing Advisor Solutions, and Fidelity Institutional Wealth Services.

Jan. 30, 2012

Placemark Investments Launches ETF Investment Strategist Center

Financial Advisors Gain Access to Third-Party Managers Listed in iShares Guide.

Jan. 23, 2012

Palladiem LLC's Unified Managed Account Strategies Now Available on Placemark Investments' UMA Marketplace Platform

Palladiem LLC is an independent investment advisory firm that focuses on the development and execution of customized investment strategies and services for independent financial advisors, broker dealers and institutions, today announced that it has selected Placemark Investments' UMA Marketplace® platform as an access point for its Palladiem Investment Portfolios family of Unified Managed Account (UMA) strategies.

Sept. 15, 2010

TD AMERITRADE Institutional Launches its Unified Managed Account Exchange (UMAX), the Next Generation of Managed Account Solutions

TD AMERITRADE Institutional, a division of TD AMERITRADE, Inc., a brokerage subsidiary of TD AMERITRADE Holding Corporation (NASDAQ: AMTD), announces the launch of a new Unified Managed Account Exchange (UMAX) which expands the types of investments independent registered investment advisors (RIAs) can offer to clients and provides more flexibility in how the portfolios are managed.  

May 17, 2010

Placemark's broad approach to comprehensive tax management within UMA/UMH programs receives patent protection

Placemark Investments has been awarded patent number 7,668,773 by the U.S. Patent and Trademark office.  The patent was filed based on Placemark's initial development of its original overlay management technology.

April 28, 2009

Placemark brings Unified Managed Accounts to Multi-Family Office Market

Hirtle Callaghan & Co, a wealth management firm specializing in family and institutional asset management, has partnered with Placemark to develop a custom UMA program for the Ultra High Net-Worth, Multi-Family Office segment of the market.

Dec. 10, 2008

TD Ameritrade Institutional Announces new UMA Program for RIA Market
TD Ameritrade Institutional announced that it has partnered with Placemark Investments to bring both customized and turnkey solutions to the RIA marketplace.

Dec. 8, 2008

Money Management Institute Appoints Lee Chertavian to Board of Governors

The Money Management Institute (MMI) has announced that Lee Chertavian, CEO of Placemark Investments, has been named to the MMI board of governors, along with two other prominent industry executives.

October 7, 2008

Placemark Investments Launches New Fast-Track Conversion Solution for Advisors

Advisor Business Conversion services allow independent advisors to develop custom Unified Managed Account programs to service high net worth clients.

August 12, 2008

United Capital Financial Advisers Selects Placemark Investments to Build UMA Platform

United Capital Financial Advisers Inc. and Placemark Investments have partnered to develop a new UMA program for United Capital’s affiliated independent advisory firms. 

June 23, 2008

Placemark Investments Promotes Richard Dion to President & Chief Operating Officer

Richard Dion, who was appointed Placemark’s Chief Operating Officer in 2003, has been named President and is responsible for operations, program implementation, technology, product development, client relationship management and advisor sales.

March 13, 2008

Placemark Investments Introduces Customized Income Management™ for Retirement Market 

Customized Income Management (CIM) program, the industry’s first integrated Unified Managed Household offering, was designed to meet the needs of millions of retirees for effective and tax-efficient income distribution solutions.


Oct. 10, 2007


Market Index Solutions Offers Enhanced Tax Management, Greater Customization, and Broad Market Exposure

Market Index Solutions is an index-based managed portfolio that is constructed using a subset of securities designed to mimic the risk and return characteristics of the target index. Used in conjunction with Placemark's overlay management process, the Market Index Solution can be used very effectively in implementing integrated tax management strategies, as well as developing solutions for clients with low cost basis securities, illiquid securities, or for accommodating portfolios with significant restrictions.

 July 17, 2007

D.A. Davidson and Placemark Investments are Pleased to Announce the Launch of a Custom Unified Managed Account (UMA) Program

D.A. Davidson & Co. and Placemark Investments, Inc. are pleased to announce the launch of a custom unified managed account (UMA) program created to continue D.A. Davidson’s long tradition of providing innovative wealth management solutions for the firm’s advisors and clients.


April 3, 2007

Placemark Investments Live with FIX Flyer Online Trading and Allocation Management

Placemark Investments announced today that it has begun using FIX Flyer’s online service for trading and allocation management. Fix Flyer will help Placemark simplify trade integration into a proprietary investment management and accounting system.

 Jan. 23, 2007

Oppenheimer Launches Unified Managed Account Program with Placemark Investments as Overlay Manager

Oppenheimer Asset Management, Inc., a leading national investment boutique and Placemark Investments, Inc. are pleased to announce the launch of a unified managed account (UMA) offering created to provide innovative investment management solutions to Oppenheimer’s clients.