with more than 50 managed account program sponsors and more than 150 asset managers that offer separate accounts on brokerage consultant programs. Among the report's highlights: -- SMA assets ...

For example, if you had a separate account, the money manager has complete discretion to make decisions that may differ from decisions made for other related accounts. Managed separate accounts vs ...

Separately managed accounts directly hold stocks and bonds that are yours and yours alone, ... However, going back to our previous examples of DFA and Vanguard, ...

EXECUTIVE SUMMARY : SEPARATELY MANAGED ACCOUNTS ARE PRIVATE portfolios of stocks and bonds guided by professional money managers, who make decisions according to specific investment objectives.. SMAs ...

A separately managed account (SMA) is a portfolio of assets managed by a professional investment firm. In the United States, the vast majority of such firms are called registered investment advisors .

Here's how a separately managed account works. When you begin building your investment portfolio, you may start with a mix of exchange-traded funds (ETFs), mutual funds and other investments. But ...

A separate account is a portfolio of assets managed by a professional investment firm. Also known as separately managed accounts (SMAs), they are increasingly targeted toward more affluent retail ...

First, it was the promise of UMAs (unified managed accounts) and Unified Managed Households. More recently, the growth of ETF (exchange-traded fund), model-only, advisor-managed and retail ...

For investors who want a professional money manager to run their portfolio, separately managed accounts have become a growing alternative to mutual funds.Assets in these accounts, in which ...

Cumberland has utilized separately managed accounts (SMAs) to execute its fixed-income strategy since the company’s inception in 1973, long before SMAs were popularized in the early 2000s.