Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Portfolio > Portfolio Construction

Lockwood Starts Overlay Separate Account Program

Your article was successfully shared with the contacts you provided.

NU Online News Service, Oct. 7, 2003, 4:54 p.m. EST – Lockwood Advisors Inc., Malvern, Pa., a subsidiary of The Bank of New York Company Inc., New York, has started an Overlay Separate Account Portfolio program for independent financial advisors.

The program is Lockwood’s first separate account product that offers a choice of more than one investment style, Lockwood says.

Lockwood’s Investment Advisory Services group will be the program portfolio manager, and Parametric Portfolio Associates, Seattle, will handle overlay management.

Lockwood will offer five investment strategies: Current Income, Growth & Income, Conservative Growth, Moderate Growth and Growth.

Advisors can use the Web to generate Lockwood overlay program proposals and track the performance of Lockwood overlay portfolios, Lockwood says.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.