Bremer Financial Corporations Private Client Services Group has reached $100 million in assets using SunGards Unified Overlay Management Program, an outsourced solution that combines multiple money manager models into a single client account.
Bremers portfolio managers, relationship managers and trust administrators use SunGards Overlay solution to help articulate and implement customized investment offerings to high-net-worth clients.
SunGards Overlay program has helped Bremer move toward an open architecture platform for its separate account business, which helps us to use the best ideas from our outside money managers while incorporating our clients specific considerations into the process,” said Joel Reimers, chief investment officer at Bremer Asset Management. “With SunGards administration of the manager due diligence process, we have a high level of confidence in the quality and expertise of the managers selected.
SunGards Overlay technology helps Bremer to monitor portfolios and identify investment opportunities and creates a customized investment vehicle based on the return, risk and tax criteria specified for each client.
Unified Overlay Management is gaining momentum as the next generation investment management service, as bank and trust clients demand a personalized investment approach, said Mike Winkel, product manager for SunGards wealth management business. Banks and trust companies that have adopted the unified overlay management concept will help their asset bases grow, help enhance their business development, and they will be better able to focus on core competencies.