At its core, a managed account is a service where a professional portfolio manager and/or advisor provides oversight of your investments (Stocks, Mutual Funds, Bonds, ETFs and more) on your behalf. Here are some key benefits:
1. Professional Expertise
2. Customization
3. Active Management
4. Diversification
5. Transparency
6. Tax Efficiency
In summary, a managed account is a prudent way for you to invest, with the benefit of professional guidance and active management. It's a great option if you prefer to delegate investment decisions to an expert, and it can help you work toward your financial goals more effectively. Contact us for a consultation to learn more.
