Separately managed accounts
Separately managed accounts are discretionary managed investment accounts that provide you with a personalized approach to investing, including direct ownership of individual securities and opportunities for portfolio customization.
Benefits
- A personalized portfolio of individual securities managed by a professional portfolio manager
- Transparency of portfolio holdings provide the ability to see cost basis and current value
- Ability to exclude certain companies or sectors from your account based on personal preference
- Flexibility to manage capital gains taxes
You might consider separately managed accounts if you are a more experienced investor who …
- Is comfortable with a fee-based relationship
- Requires flexible portfolio construction and customization
- Has a large balance in existing investments and / or are receiving a large lump sum (like an IRA rollover or inheritance)
- Owns investments generating large tax bills and wants investments that are more flexible for managing your taxes
Brokerage, investment and financial advisory services are made available through Ameriprise Financial Services, Inc., Member FINRA and SIPC, part of Ameriprise Financial, Inc. A variety of managed accounts are offered by Ameriprise Financial Services, Inc. Please review the Ameriprise® Managed Accounts Client Disclosure Brochure (Schedule H of Form ADV Part II) for a full description of services offered, including fees and expenses.
Neither Ameriprise Financial nor its representatives or affiliates may provide tax or legal advice. Consult with your tax advisor or attorney regarding specific issues.
Investment products are not federally or FDIC-insured, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.