First Tennessee Expands Managed Accounts

First Tennessee Bank of Memphis, a subsidiary of First Horizon National Corp., has added three investment products to its managed account platform.

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The new products, which were announced Tuesday, are offered in partnership with FundQuest Inc., a Boston company that runs First Tennessee's managed account platform. FundQuest had $43 billion of assets under management and administration as of March 31.

With the additions, First Tennessee's Horizon Account platform offers index enhanced mutual fund portfolios, unified managed accounts, and exchange-traded funds as well as eight types of managed accounts.

They add to a lineup that included two mutual fund portfolios, an adviser choice product, and two separately managed account products.


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Wealth management
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