HOUSTON - Aim Private Asset Management Inc. has an agreement to offer its privately managed investment strategies through two of Lockwood Financial Group's separate account programs, Managed Account Xpress and Wealth Management.
The deal was announced Monday.
Lockwood, of Fort Lauderdale, Fla., offers individually managed accounts to the high-net-worth clients of independent financial advisers.
Aim Private Asset Management, a unit of Houston-based Aim Management Group, offers personalized investment strategies to high-net-worth and institutional clients. The strategies are based on the investing strategies that Aim uses in managing its mutual funds.
Aim Management Group is a subsidiary of the London-based investment manager Amvescap PLC.