AIM Trimark Investments today added a new fund of funds option called Dialogue Portfolios to its Dialogue Wealth Management program.
AIM Trimark launched the program a year ago. It was the industry’s first and only wealth management program that linked a financial planning and portfolio construction tool together with a flexible portfolio management solution to hold and periodically rebalance individual AIM and Trimark funds.
Following on the program’s initial success, AIM Trimark is now adding pre-packaged fund-of-funds portfolios to the Dialogue Wealth Management program.
Based on their clients’ individual risk tolerance and investment objectives, the new portfolios allow advisors to provide their clients with one of five fund-of-funds portfolios which invests directly in underlying AIM and Trimark mutual funds.
AIM Trimark says portfolios are a well-diversified, simple-to-administer, and have the added benefit of periodic rebalancing.
“Dialogue Portfolios give investors another great way to get the investment expertise of the AIM and Trimark fund families working for them,” said Bill Henderson, executive vp of marketing at AIM Trimark, in a release. “These portfolios make it even easier for advisors to deliver a great wealth management experience to their clients.”
In creating Dialogue Portfolios, AIM Trimark enlisted the consulting assistance of Mercer Investment Consulting. Although Mercer IC provided assistance in the area of asset allocation and manager selection, AIM Trimark says it made all final decisions.