Fiduciary Asset Management, LLC has selected BISYS as its outsourcing partner for its separately managed accounts (SMA) program and will use BISYS’ WealthManager offering.
“We have made considerable investments in building the infrastructure and developing the suite of services of our WealthManager offering. The selection of our services by Fiduciary Asset Management, LLC (FAMCO) is an important endorsement of that offering,” said Fred Naddaff, president, BISYS Fund Services.
“Expanding FAMCO’s Separately Managed Accounts division is part of our growth plan for our Master Limited Partnership (MLP) and Large Cap Equity Product line,” said Wiley D. Angell, executive managing director, Senior Portfolio manager and director of Separately Managed Accounts at Fiduciary Asset Management, LLC.