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:
access to institutional managers and strategies
transparency, flexibility, and control
opportunities for customization
ability to respect investor restrictions and unique requirements
Potential tax advantages of SMAs include:
opportunity for tax management at the individual security level
tax loss harvesting
ability to manage the timing and size of realized gains
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.
Large Cap Focused
Asset Class: US Large Cap Core Equity
All Cap Focused
Asset Class: US All Cap Core Equity
Long/Short Equity
Asset Class: US Long/Short Equity
Intermediate Municipal Bond
Asset Class: Municipal Bonds
Enhanced Muni Bond Ladder
Asset Class: Municipal Bonds
(also available in taxable or hybrid)
Opportunistic Income
Asset Class: Taxable Bonds
Quality Income
Asset Class: Taxable Bonds