Managed account

(redirected from Managed Accounts)
Also found in: Wikipedia.

Managed account

An investment portfolio one or more clients entrusted to a manager who decides how to invest it.

Managed Account

A brokerage account or any other account where the monies therein are invested by another party. For example, a person may have a discretionary account at his/her brokerage. This allows the brokerage to invest the funds in the account as it sees fit, in accordance with the account holder's investment goals and the prudent person rule. Other examples of managed accounts include annuities and IRAs. What distinguishes a managed account from other accounts is the fact that the account holder does not manage it himself/herself. See also: Separately managed account, Managed money.

managed account

An investment account that is managed by a broker or other professional. Managed accounts are designed for investors lacking the time or expertise to make their own decisions.

Managed account.

A managed account is a portfolio of stocks or bonds chosen and managed by a professional investment manager who makes the buy and sell decisions.

Each managed account has an investment objective, and each manager oversees multiple individual accounts invested in the same basic portfolio to meet the same objective.

While managed accounts resemble mutual funds in some ways, with a managed account you own individual securities rather than shares of a common fund.

You may also be able to request that the manager avoid certain investments, which you can't do with a mutual fund. And, through your broker, you might ask the manager to sell certain holdings in your account to realize capital gains or losses.

There are no phantom gains in managed accounts. Those gains can occur if a mutual fund realizes a profit from selling an investment and credits you with a capital gain even if there's no actual increase in your account value.

However, the minimum investment is usually substantially higher for a managed account -- often $100,000. Plus the annual fees, which are included in the amount you pay the financial professional who recommends the account, may be higher than the fees on a mutual fund of similar value.

References in periodicals archive ?
When Empower Retirement launched its new adviser managed accounts (AMAs) in March, SageView Advisory Group LLC had already signed on to utilize the service and thereby offer its own managed accounts to 401(k) plan clients.
Nathan Voris, managing director, strategy, at Schwab Retirement Plan Services, says managed accounts are growing in market share.
She advises private equity and venture capital sponsors on fundraising, managed accounts and the capital-raising process, as well as on executive and employee co-investment arrangements, and the wider elements of operating a private funds business.
MDAs are often used by financial advisers and varying terminology is used to refer to these products, such as separately managed accounts, individually managed accounts, investment advisory programs or managed discretionary portfolio services.
Having been with InfraHedge since its launch in 2011, Allright has played a key role in growing the business in servicing managed accounts. With more than USD30bn of client assets, InfraHedge designs, builds and operates customised platforms for institutional investors to manage their third-party investment programs.
QDIAs commonly include target date funds (TDFs), but can also include balanced funds and managed accounts.
Founded in 1992 by Perry Jonkheer, IASG provides a new service to investors looking to identify unique opportunities for their portfolios in the futures space through separately managed accounts. The high degree of transparency provided through these accounts is coveted by clients but makes many large managers reluctant to offer this format for fear that their strategies will be duplicated.
RiskX Investments will manage, post-merger, approximately USD 1.1bn in funds and separately managed accounts, comprised of the American Independence Funds (single-manager sub-advised funds and separately managed accounts) and the FolioMetrix Rx Fund Series (multi-strategy tactical mutual funds).
The bank's assets with managed accounts, added to specified investment accounts and Muqarada bonds, reached $4.75 billion at the end of the first half, compared with $4.61bn at the end of 2012.
100% invested in managed accounts available from the Guggenheim Fund Solutions (GFS) platform
The Income+ feature is available to participants in Financial Engines' managed accounts program at no additional cost.
To simplify investment decision making, more than haft (56 percent) offer online investment guidance and 36 percent offer online investment advice and managed accounts. In 2010,just 28 percent of employers offered managed accounts.