Unified Managed Accounts offer several benefits that make them an attractive investment option for individuals seeking a comprehensive and customized approach to portfolio management. Let’s explore some of the key advantages:

Holistic Portfolio Management: UMAs provide a consolidated view of all investments, allowing investors to see their entire portfolio in one place. This comprehensive view enables better decision-making and a clearer understanding of overall investment performance.

Customization and Flexibility: Unified Managed Accounts offer a high degree of customization, allowing investors to tailor their portfolios to their specific preferences, risk tolerance, and investment goals. This level of flexibility is not typically available with traditional investment vehicles.

Professional Expertise: UMAs are managed by professional investment managers or advisory firms with expertise in asset allocation, risk management, and security selection. Investors benefit from the knowledge and experience of these professionals, potentially leading to better investment outcomes.

Tax Efficiency: Unified Managed Accounts employ tax management strategies to minimize tax liabilities. Techniques such as tax loss harvesting and asset location optimization can help reduce the tax impact of investment transactions, potentially enhancing after-tax returns.

Enhanced Transparency: UMAs provide investors with transparency regarding the underlying securities within their portfolios. This transparency allows investors to assess the suitability of their investments and understand the composition of their holdings.

Access to Institutional Strategies: Unified Managed Accounts offer individual investors access to institutional-level investment strategies that were previously reserved for larger institutional investors. This access enables individuals to benefit from sophisticated investment techniques and potentially achieve better risk-adjusted returns.

Streamlined Administration: By consolidating various investment strategies and asset classes into a single account, UMAs streamline administrative tasks for investors. This includes simplified reporting, account maintenance, and record-keeping.

Simplified Performance Monitoring: With a Unified Managed Account, investors can easily monitor the performance of their entire portfolio through comprehensive reporting. This simplifies the tracking of investment progress and facilitates informed decision-making.

Efficient Portfolio Rebalancing: UMAs offer automated portfolio rebalancing, ensuring that the portfolio remains aligned with the investor’s desired asset allocation over time. This eliminates the need for manual adjustments and helps maintain diversification and risk management.

READ the SMArtX white paper on UMA Benefits.