Providers say demand is accelerating as advisors seek scalable note implementation, but warn that missing data, limited distribution and untested downside performance remain critical blind spots.
The rapid expansion of structured-notes separately managed accounts (SMAs) in the US wealth market took centre stage during a recent SRP webinar, where industry practitioners outlined both the scale of the opportunity and the obstacles still slowing broader adoption. The growth is coming from firms that already had hundreds of millions under management in structured note SMA - Ed Condon, Structured Insights According to Edward Condon of Structured Insights, the top 10 SMA providers now overs