Services

Separately Managed Account (SMA) Portfolios

 

A separately managed account is a customized portfolio of investments designed to help investors reach their individual financial goals. This account offers combined benefits of active professional money management with added flexibility and tax advantages while the securities are directly owned by the investor.

We offer six SMA strategies that combine stocks, bonds, no-load mutual funds, exchange-traded funds and hedging strategies to meet and achieve the broad variety of goals of today’s investors. Two of these portfolios have an inception date of December 31, 1984 and have produced returns competitive with their respective benchmarks.

The SMA option is ideal for the client who wants full transparency of the securities held in their account and the weightings of the various asset categories in which they are invested. It enables our portfolio-management team to maintain an approach that is consistent with a client’s investment objectives, even amid changing market conditions.

 

 

Primary Benefits

  • Customization
  • Tax Sensitivity
  • Broad Diversification
  • Active Management
  • 30+ Year Track Record
  • $100,000 Minimum

Separately Managed Account (SMA) Portfolio Strategies

Custom Bond

This strategy is primarily focused on generating income and preserving capital while keeping volatility low. It is crafted for each client based on their specific fixed-income needs.

Income (Cash Yield)

This strategy addresses the growing demand from investors who want an income stream, but also want 100% liquidity. Using a broad variety of investment tools, this low-risk strategy is well suited for investors with illiquid investments who seek an income stream with liquidity.

Absolute Return

This strategy is for the risk-averse investor who wants some participation in the market. Its guiding principle is to attempt to avoid a negative return in any rolling 12-month period. A defensive portfolio, it may experience high turnover and may build high proportions of cash as dictated by market pressures.

Balanced

One of our flagship strategies, this approach is for the more conservative investor who seeks less volatility with competitive returns. Since 1984, this blended equity and fixed income strategy has produced returns near the S&P 500 with about 65% of the standard deviation.

Equity

One of our flagship strategies, this approach is for the investor who wants full market participation and equity diversification. This strategy’s return since inception has successfully exceeded the return of the S&P 500 since 1984, net of all fees, and has done so with historically less standard deviation.

Tax Managed

This flexible strategy is the for investor whose concentrated portfolio has embedded gains or who has other tax sensitivities. It offers individual management and the ability to convert tax liabilities to longterm capital gains.

The Standard & Poor’s 500 Stock Index consists of 500 stocks chosen for market size, liquidity and industry grouping, among other factors. The market value-weighted index is designed to be a leading indicator of the U.S. equities, is meant to reflect the risk/return characteristics of the large cap universe and includes the reinvestment of all dividends. Indexes are unmanaged and cannot be invested into directly. Investing in limited sectors may increase overall volatility of your portfolio. Investing in any securities involves a risk of loss.