Separately Managed Accounts

Separately Managed Accounts

A separately managed account, which is also referred to as an SMA, is type of portfolio of your assets which is usually managed by a professional investment firm. A separately managed account will usually include several different types of your investments. A separately managed account plays an important role in an investor’s plan because there are certain benefits it could offer. A separately managed account is owned by the investor, where they have the ability to tailor their account to include or exclude specific industries or strategies.


A separately managed account pays taxes only on capital gains that is realized and allows the investor to work with their desired tax or financial advisor to help execute tax saving strategies. A separately managed account can be customized to an investors individuals needs, so that the investor can feel that they have better control over their investment decisions. A separately managed account can usually be funded with certain types of securities and portfolios, such as a trust or retirement account. You should consult the advice of United Retirement Advisors Group to help you decide what is best for your investment needs.