They at least want to play some role in the process of selecting and tracking investments or managers, but they are not trying to create value by creating better portfolios and do not want to be as convenient in the portfolio and do not want to hire CFAs to manage and manage their portfolios internally. So you need an outsourced investment management solution, a TAMP and often a relatively simple TAMP. Indeed, if your value is not to put production on the table, you do not necessarily want or need a more complex investment management solution, but only something that reasonably implements clients in a diversified portfolio with inexpensive funds. In the early stages of TAMPs, most of them were structured as third-party asset managers. Sometimes we still hear briefly the acronym T-P-A-M.