Top 10 Best Separately Managed Accounts (SMAs)

Looking for Separately Managed Accounts (SMAs)? We have made a list from the very best choice. Go ahead and find out their features.

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Separately Managed Accounts (SMAs) are professionally managed portfolios of securities that are tailored to meet the individual needs of an investor. SMAs are typically managed by a professional money manager who has the ability to customize the portfolio to the investor's specific goals and objectives. The portfolio is managed on a discretionary basis, meaning the manager has the authority to make decisions on behalf of the investor. SMAs offer investors the potential for higher returns, greater diversification, and more control over their investments. They also provide investors with the ability to access a wide range of asset classes and strategies, as well as the potential for tax efficiency.

  • LPL Financial
    LPL Financial

    LPL Financial - Online shopping platform for Chinese consumers.

  • Ml
    Ml

    Ml - A machine learning platform for everyone.

  • Ameriprise Financial
    Ameriprise Financial

    Ameriprise Financial - Financial advice and planning services.

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  • Stifel
    Stifel

    Stifel - Stifel: Investing in Your Financial Future.

  • Morgan Stanley
    Morgan Stanley

    Morgan Stanley - Global financial services firm.

  • Edward Jones
    Edward Jones

    Edward Jones - Financial services for individual investors.

  • Wells Fargo Advisors
    Wells Fargo Advisors

    Wells Fargo Advisors - Financial advice and services from Wells Fargo.

  • E*TRADE
    E*TRADE

    E*TRADE - Online trading platform for investors.

  • RBC Wealth Management
    RBC Wealth Management

    RBC Wealth Management - Investment solutions for financial success.

  • Raymond James
    Raymond James

    Raymond James - Financial services firm with global reach.

Top 10 Sites for the Separately Managed Accounts (SMAs)

1.

LPL Financial

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LPL.com is an online financial services platform that provides access to a wide range of financial products and services. It offers a variety of services, including investment advice, retirement planning, portfolio management, and more. The platform also provides access to a variety of financial products, such as stocks, bonds, mutual funds, ETFs, and other investments. Additionally, LPL.com provides educational resources to help users make informed decisions about their finances. The platform also offers a variety of tools and resources to help users manage their investments and track their progress.

Pros

  • pros Comprehensive financial planning services
  • pros Wide range of investment options
  • pros Strong reputation and industry experience

Cons

  • consLimited investment options
  • consHigh account maintenance fees

2.

Ml

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ML.com is an online platform that provides a range of services related to machine learning. It offers a variety of tools and resources to help users develop and deploy machine learning models. The platform provides access to datasets, tutorials, and other resources to help users learn and apply machine learning techniques. It also provides a marketplace for users to buy and sell machine learning models. ML.com also offers consulting services to help users develop custom machine learning solutions. The platform is designed to make machine learning accessible to everyone, from beginners to experts.

Pros

  • pros Advanced data analysis capabilities
  • pros Improved decision-making and predictions
  • pros Enhanced automation and efficiency

Cons

  • consLimited brand relevance
  • consHigh competition for keywords

3.

Ameriprise Financial

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Ameripriseadvisors.com is a website that provides financial advice and services to individuals, families, and businesses. It is a subsidiary of Ameriprise Financial, Inc., a leading financial services company. The website offers a variety of services, including financial planning, investment advice, retirement planning, estate planning, and more. Customers can access a wide range of resources, including online tools, calculators, and educational materials. Ameripriseadvisors.com also provides access to a network of experienced financial advisors who can provide personalized advice and guidance. The website is designed to help customers make informed decisions about their financial future.

Pros

  • pros Experienced financial advisors available
  • pros Wide range of investment options
  • pros Comprehensive financial planning services

4.

Stifel

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Stifel Financial is a full-service brokerage and investment banking firm that provides securities brokerage, investment banking, trading, investment advisory, and other financial services to individuals, public and private businesses, and other clients. Stifel offers comprehensive wealth management services that are tailored to each client's unique financial goals and needs. The company provides retirement plans, financial planning, options, exchange, mutual funds, insurance products, and individual money managers to help meet the varied investment objectives of its clients. Stifel's advisors work closely with clients to develop sound strategies that address even the most complex needs and help build, preserve, and transfer wealth to heirs.

Pros

  • pros Diverse range of services
  • pros Strong financial expertise
  • pros Established and reputable company

Cons

  • consLimited international presence
  • consHigh minimum investment requirements

5.

Morgan Stanley

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Morgan Stanley is a global financial services firm that was founded in 1935 as a partnership with just 13 employees. Today, the firm operates in more than 40 countries with over 80,000 employees. Morgan Stanley offers a range of financial services to help people, businesses, and institutions build, preserve, and manage wealth so they can pursue their financial goals. The firm is organized into three integrated businesses: Institutional Securities, Wealth Management, and Investment Management. Morgan Stanley's core values include doing the right thing, putting clients first, leading with exceptional ideas, committing to diversity, and valuing and rewarding honesty and character. The firm is committed to integrity and the highest ethical standards, as outlined in its Code of Conduct.

Pros

  • pros Professionalism
  • pros Reputation
  • pros Expertise

Cons

  • consHigh Fees
  • consRisky
  • consComplex

6.

Edward Jones

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Edward Jones is a 100-year-old firm that specializes in helping individual investors rather than institutions. The company was founded in 1922 by Edward D. Jones Sr. in St. Louis, Missouri, with the goal of treating associates as partners and clients fairly by offering appropriate, quality investments. The firm has grown over the years and now has over 18,000 financial advisors across the United States. As a privately-owned company, Edward Jones is able to focus on relationships rather than shareholder returns. The company has consistently been ranked among the best companies to work for by FORTUNE magazine, and its employees tend to stay with the company for years. Edward Jones offers a personal approach to investing, with financial advisors ready to support clients' retirement, education savings, and insurance needs. The company's purpose is to partner for positive impact, to improve the lives of its clients and colleagues, and together better its communities and society.

Pros

  • pros Trusted financial advisors
  • pros Personalized investment strategies
  • pros Strong track record of success

Cons

  • consHigh fees
  • consLimited investment options

7.

Wells Fargo Advisors

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Wells Fargo Advisors is a financial advisory firm that offers a range of services including investment advice, brokerage services, and online trading to help clients achieve their retirement goals. The firm provides personalized investment planning solutions tailored to clients' financial and life goals. Wells Fargo Advisors is equipped to help clients succeed financially, whether through face-to-face contact with a financial advisor, over-the-phone advice, or online and mobile access. The firm offers a variety of account services and tools to help clients manage their investments, including brokerage cash services and online access to investment portfolios, account documents, and alerts. Wells Fargo Advisors' approach to planning and advice centers on the client, with advisors taking the time to understand what is important to clients and their loved ones. Fees for investment advisory services and brokerage services vary by relationship type and services provided.

Pros

  • pros Experienced financial advisors available
  • pros Wide range of investment options
  • pros Trusted and reputable institution

Cons

  • consPoor customer service
  • consHigh fees

8.

E*TRADE

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E*TRADE is a financial services company that provides online brokerage and investing services to individual investors and traders. They offer a range of products and services, including stock trading, options trading, mutual funds, retirement accounts, and more. E*TRADE allows customers to manage their investments through their online platform, providing access to real-time market data, research tools, and educational resources. They also offer customer support and guidance to help individuals make informed investment decisions. E*TRADE is part of the E*TRADE Entities, which include E*TRADE Securities, E*TRADE Futures, Morgan Stanley Private Bank, National Association, Morgan Stanley Bank, N.A., and their subsidiaries and affiliates.

Pros

  • pros Low fees
  • pros Easy use
  • pros Secure

Cons

  • consHigh Fees
  • consLimited Options
  • consPoor Support

9.

RBC Wealth Management

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RBC Wealth Management is a global financial institution that provides tailored strategies to help clients grow and protect their wealth. With US$1.02 trillion global assets under administration as of October 31, 2022, RBC Wealth Management offers personalized investment insights, proactive solutions, and a professional team of financial consultants, advisors, private bankers, and trust officers to serve clients' unique needs. The firm is built on a heritage of integrity and unwavering client dedication, and clients can benefit from the financial stability and strength of a truly global institution. RBC Wealth Management is a division of RBC Capital Markets, LLC, and is not affiliated with MLS.

Pros

  • pros Experienced financial advisors available
  • pros Wide range of investment options
  • pros Strong global presence and reputation

10.

Raymond James

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Raymond James is a diversified financial services holding company founded in 1962 and publicly traded since 1983. The company has subsidiaries engaged primarily in financial and investment planning, wealth management, banking, and capital markets. Raymond James provides a wide range of services to individuals, corporations, institutions, and municipalities through approximately 8,700 financial advisors in the United States, Canada, and overseas. The company's client-focused approach has been extended to serve clients through significant capital markets, banking, and asset management services. Raymond James is committed to independence, integrity, conservative risk management, and always putting clients first.

Pros

  • pros Trusted financial services provider
  • pros Wide range of investment options
  • pros Experienced and knowledgeable advisors

Cons

  • consLimited investment options
  • consHigh account minimums

Frequently Asked Questions About Separately Managed Accounts (SMAs)

less What types of investments are typically included in a Separately Managed Account?

1. Stocks 2. Bonds 3. Exchange-traded funds (ETFs) 4. Mutual funds 5. Real estate investment trusts (REITs) 6. Commodities 7. Options 8. Private equity 9. Hedge funds 10. Cash and cash equivalents

less What are the advantages of investing in a Separately Managed Account?

1. Professional Management: Separately managed accounts are managed by professional money managers who have the expertise and experience to make informed investment decisions. 2. Customization: Separately managed accounts allow investors to customize their portfolios to meet their individual needs and goals. 3. Tax Efficiency: Separately managed accounts can be structured to take advantage of tax-efficient strategies such as tax-loss harvesting and portfolio rebalancing. 4. Transparency: Separately managed accounts provide investors with full transparency into their investments, allowing them to monitor their portfolios and make informed decisions. 5. Low Fees: Separately managed accounts typically have lower fees than mutual funds, making them a cost-effective option for investors.

less What are the fees associated with a Separately Managed Account?

The fees associated with a Separately Managed Account (SMA) vary depending on the type of account and the investment manager. Generally, SMAs charge a management fee, which is a percentage of the assets in the account, and may also charge a performance fee, which is a percentage of the profits earned in the account. Other fees may include transaction fees, custodial fees, and administrative fees.

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