Managed Accounts

What Are Managed Accounts? And How Do They Work?

  1. You and your adviser decide on the parameters for your portfolio, such as: 35% Large Cap, 25% Cash, and 40% Bonds.
  2. The Managed Account’s team of research analysts decides which investments to use in the portfolio.
  3. The Managed Account’s managers will stay within the parameters of the portfolio you select. They will only replace an investment in your portfolio with similar investment: Sell a Large Cap position = Buy a Large Cap position Sell a Bond position = Buy a Bond position
  4. You will never pay any commission or upfront load of any kind.
  5. You will pay only an annual fee, billed quarterly, based on the balance of your account.
  6. Your portfolio is re-balanced each quarter at no additional cost.
  7. Your portfolio is constantly monitored for needed changes.
  8. You will receive easy to understand quarterly reports showing the performance of your portfolio.
  9. The annual fee may be tax deductible.
  10. Your fees are a fixed percentage that will not increase.
  • Nominal transaction costs may occur.
  • Investing in securities is subject to risk and may involve loss of principal.
  • Re-balancing investments may cause investors to incur transaction costs and, when re-balancing a non-retirement account, taxable events will be created that may increase your tax liability. Re-balancing a portfolio cannot assure a profit or protect against a loss in any given market environment.