Importance of managed accounts for property owners!
Want to know how and what the importance is to manage your accounts? You have come to the right place!
Tax efficiency, as managed accounts are not pooled investments. Furthermore, each investor is typically the underlying owner of their assets. However, this means investors do not inherit existing tax positions, like other...
What are managed accounts?
Managed accounts are a fee-based investment management product for high-net-worth individuals. The main appeal for wealthy individuals is access to professional money managers. Which is a high degree of customization and greater tax efficiency in a fee-based product? Managed accounts are convenient as the client will agree on an investment objection with their advisers. A portfolio can be rebalanced without providing additional advice or service that is not relevant.
Tax efficiency, as managed accounts are not pooled investments. Furthermore, each investor is typically the underlying owner of their assets. However, this means investors do not inherit existing tax positions, like other...
