Separately Managed Account (SMA) Strategies

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 five 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.

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
  • $100,000 Minimum

Separately Managed Account (SMA) Portfolio Strategies

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.


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

Balanced Tax-Managed

This flexible strategy incorporates a blend of equities and fixed income and is for the investor whose portfolio has embedded gains or who has other tax sensitivities. It offers individual management and the ability to convert tax liabilities to long-term capital gains.

Moderate Aggressive Tax-Managed

The Moderate Aggressive Tax-Managed Portfolio seeks capital appreciation, through exposure to equities and fixed income securities, along with minimizing adverse tax events. The portfolio is ideal for the investor with a moderate aggressive risk tolerance. The allocation is strategic in nature with a neutral position of 80% equities and 20% fixed income. Equity exposure will include broad diversification across various market capitalizations. Fixed income exposure will also be broadly diversified across sectors, credit quality, and maturities. The benchmark for the strategy is a blend of 80% S&P 500 Index and 20% Bloomberg Barclays U.S. Aggregate Bond Index.


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, net of all fees, and has done so with historically less standard deviation

Equity Tax-Managed

This strategy uses a multi-cap, multi-style equity approach and is the for investor whose portfolio has embedded gains or who has other tax sensitivities. It offers individual management and the ability to convert tax liabilities to long-term 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.