Key Features of Unified Managed Accounts

Unified Managed Accounts offer a range of features that set them apart from other investment vehicles. Let’s explore some of the key features:

Consolidation: UMAs consolidate various investment strategies and asset classes into a single account, simplifying the management and oversight process.

Customization: Investors have the flexibility to customize their portfolios based on their individual preferences, risk tolerance, and investment objectives.

Professional Management: UMAs are typically managed by professional investment managers or advisory firms who employ sophisticated investment strategies and conduct thorough research to optimize portfolio performance.

Tax Efficiency: Unified Managed Accounts provide a centralized means to employ tax management techniques to minimize tax liabilities, potentially enhancing after-tax returns for investors.

Enhanced Reporting: UMAs offer comprehensive reporting capabilities, providing investors with detailed insights into their holdings, transactions, and performance metrics.

Access to Institutional Strategies: UMAs provide access to institutional-level investment strategies that were traditionally available only to large institutional investors. This allows individual investors to benefit from sophisticated investment techniques and potentially achieve better risk-adjusted returns.

Portfolio Rebalancing: Unified Managed Accounts offer automated portfolio rebalancing, ensuring that the portfolio remains aligned with the investor’s desired asset allocation over time. This helps maintain diversification and manage risk effectively.

Transparency: UMAs provide transparency regarding the underlying investments within the account. Investors have visibility into the specific securities held, enabling them to assess the suitability and understand the composition of their portfolios.

Consistent Investment Philosophy: Unified Managed Accounts enable an advisor to follow a consistent investment philosophy throughout the account, ensuring that all investment decisions align with the investor’s stated objectives and risk tolerance.

Unified Reporting: UMAs offer a consolidated view of the investor’s entire portfolio, including assets held outside of the UMA. This comprehensive reporting allows for a holistic assessment of overall investment performance and facilitates informed decision-making.