A theoretical account that would permit an individual investor to invest in any type of security, while providing the members of the immediate family equal access of the account. This type of account would create more transparency and make administration easier.
Related information about unified managed household account (UMHA):
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A type of unified managed account that will allow not only for the investing of any form of security by an individual investor, but also will allow any member of the ...
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Definition of unified managed household account (UMHA): A theoretical account that would permit an individual investor to invest in any type of security, while ...
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Unified Managed Household Account definition: A unified managed household account (UMHA) is a privately managed account that combines several different ...
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- DTCC › Profile: Romesh Gunaratnam
... functionality to support emerging multi-asset products, such as the Unified Managed Account (UMA) and Unified Managed Household Account (UMHA).