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Customize your portfolio using separately managed accounts

Separately managed accounts (SMA), with their benefits of tax efficiency, customization, and transparency, have attracted an increasing number of high-net-worth investors in recent years.

Particularly since the tech bubble burst, more physicians seem to appreciate that prudently managing asset growth and preserving assets involves integrating cash flow management and tax planning into their investment portfolios. SMA portfolios, which allow for customization and ownership of individual securities, are tailor-made to provide such services. They allow for greater flexibility to construct truly person-alized investment strategies. For example, if an individual wants to avoid sin stocks such as cigarette manufacturers or defense companies, they can be left out of the portfolio. If the individual thinks sinning means winning, then he or she can put them back in.

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