Separately managed accounts

Elite teams

We currently partner with 21 asset managers and have 59 proven portfolio teams.¹

Wealth of product knowledge

Our areas of expertise include private assets, SMAs, model portfolios, collective investment trusts, mutual funds, ETFs, 529 plans, 401(k) and pensions. 

Local insight, global scale

Our 600+ investment professionals have regional expertise to help our more than 19 million clients worldwide.²

Flexibility

True to their name, SMAs are managed separately and aren't governed by a prospectus. This allows for greater flexibility to tailor the strategy to the investor’s specific requirements or personal preferences.

Tax efficiency

The direct ownership structure of SMAs offers a few tax advantages for investors. One advantage is that tax-loss selling can be targeted to the individual’s unique situation to help offset capital gains tax and potentially increase after-tax returns.

Transparency

SMA investors own the underlying portfolio holdings directly, allowing them to view their securities along with current positions and prices at any time.

Fundamental All Cap Core Strategy

Invests in companies of all market capitalizations that possess wide moats and offer the potential to compound cash flows across market cycles

Fundamental Large Cap Core Strategy

Invests in large-cap companies that demonstrate a sustainable competitive advantage and are trading at compelling discounts to their long-term intrinsic value

Fundamental Global Franchise Strategy

Seeks long-term capital appreciation through opportunistic exposure to companies with global franchises and sustainable competitive advantage

U.S. Small Cap Core Strategy

Invests in profitable small-cap companies with niche business models that offer improving earnings and attractive valuations

Core Fixed Income Strategy

Pursues capital preservation and high current income by investing in a mix of high-quality U.S. government, agency, and corporate bonds, as well as securitized debt, through allocations to both individual securities and underlying funds

Core Plus Fixed Income Strategy

Pursues high current income consistent with a prudent level of risk by investing in a mix of government and corporate bonds, as well as securitized debt, through allocations to both individual securities and underlying funds

U.S. Growth Strategy

Pursues long-term capital appreciation by targeting high-quality, growing large-cap companies to potentially limit participation in falling markets while keeping pace in rising markets