Separately Managed Accounts

A separately managed account (SMA) is a portfolio of individual securities managed on behalf of an investor by a professional asset management firm. SMAs were originally the province of institutions and large private investors seeking sophisticated investment solutions and direct ownership of securities. Due to advances in technology and falling trading costs, SMAs are now available to a wide range of investors.

SMAs can provide both investment and tax advantages. Potential investment advantages include:

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access to institutional managers and strategies

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transparency, flexibility, and control

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opportunities for customization

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ability to respect investor restrictions and unique requirements

Potential tax advantages of SMAs include:

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opportunity for tax management at the individual security level

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tax loss harvesting

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ability to manage the timing and size of realized gains

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avoiding imbedded gains or taxable distributions from mutual funds

F/m Investments provides access to SMAs from our innovative investment partners, implemented on our technologically-advanced, professionally-led, and institutional-grade trading platform.