With a managed account, an investment advisor works with the client to define the client's risk tolerance and long-term goals. Next, the advisor assists the client in selecting one or more appropriate mixes of managers whose styles and expertise meet the investor's investment goals and objectives. Each manager selects stocks, bonds or mutual funds for a portion of the client's investment portfolio, which it actively manages on an ongoing basis. The minimum required investment varies, depending on the mix or program guidelines.

These accounts are appropriate for clients who have experience in the market and who have approximately $100,000 or more to invest. Managed Accounts provide a tiered approach to management and allow our clients to invest in institutional accounts otherwise unavailable to them. Managed accounts carry management fees that represent a percentage of the assets in the account.