Retirement Plan Services | Portfolio Management | Financial Planning
What is a SMA?
Also known as a SMA (“Separately Managed Account”), is a single investment account comprised of individual stocks, bonds, cash or other securities, tailored to achieve specific investment objectives.
Your portfolio manager oversees the investments according to your specific investment objectives and in an investment style with which you are comfortable. Put simply, a SMA is for demanding investors who:
Seek the comfort of professional investment guidance and a heightened level of personal service
Still want to take an active role in their financial life
Desire the flexibility to invest in different strategies or styles, while seeking the liquidity and potential tax benefits that come from owning individual securities in separate accounts, versus mutual funds
May want a single fee to cover ALL account costs, including trading costs and performance reporting.
Low-cost, transparency and 24/7 online access
For those with more than $100,000 a SMA may be the smart way to manage portfolio assets, due to lower costs, greater tax efficiency and transparency.