What Is A Major Advantage Of Separately Managed Accounts (SMAs)?
Michelle Capezza was quoted in Forbes on the rise of Separately Managed Accounts (SMAs) as part of the next developing trend in 401ks and retirement planning.
Michelle said, “Many financial providers have adopted the fiduciary business model, and many clients, especially retirement investors, have come to expect that their advisers are acting in their best interest, free from conflicts of interest. Moreover, with trillions of dollars invested in retirement plans, many investors desire rollover recommendations from advisers that will act with a fiduciary standard of care.”
Source