Separately Managed Accounts (SMAs): Customized solutions for individual needs

 

What investment style best suits you?

Investors looking for a personalized approach to investing that provides the customization, transparency and tax efficiency they require may consider separately managed accounts (SMAs). Working with Legg Mason, one of the largest providers of SMAs, investors have the flexibility to choose from a variety of customized investment strategies – accessing a complete suite of equity and fixed income offerings, including single-style, balanced or multi-discipline accounts or individualized portfolios.

 

 

Separately Managed Accounts
SMA Leader

One of the largest SMA providers, with a history of innovation

 

SMA Investing
Strong Investment Expertise

Our independent investment affiliates possess a depth of experience and a breadth of resources

 

Equity and Fixed Income Strategies
Comprehensive Offerings

 Equity and fixed income strategies, including single-style, balanced and multi-style portfolio

 

ESG Investing
ESG

Style-pure strategies designed to actively incorporate sustainable investment (environment, social and governance) guidelines

 

 

SMAs: A vehicle of choice for more and more investors

SMAs provide investors with expanded choice in how they access professional investment management. An SMA is an investment vehicle composed of stocks, bonds, cash or other individual securities and overseen by a professional money manager. Yet the unique structure of an SMA provides the flexibility to customize the portfolio to address clients’ personal preferences and investment objectives. With an SMA, an individual investor directly owns the securities in the portfolio, unlike investing in a mutual fund or exchange-traded fund (ETF)1, where money is pooled with that of other investors.

 

 

These differences are key to understanding the many potential advantages of an SMA.

 

1 An exchange-traded fund, or ETF, is a security that tracks an index, a commodity, or a basket of assets like an index fund, but trades like a stock on an exchange. ETFs experience price changes throughout the day as they are bought and sold. 

 

You May Also Like

Legg Mason SMAs: Breadth of Customization

Whether investors are seeking income growth, total return or capital preservation, Legg Mason’s comprehensive array of quality solutions is designed to give them the individualized approach they require.


Are SMAs Right for You?

Want the flexibility to diversify strategies while retaining liquidity and potential tax benefits? SMAs offer active management to match your investment style.


Sustainable Investing

Your values and investment can go hand in hand. Before “sustainable investing” became mainstream, many assumed that returns would suffer. But today, investors realize that there’s no need for trade-offs.


Separately Managed Accounts (SMAs) are investment services provided by Legg Mason Private Portfolio Group, LLC (LMPPG), a federally registered investment advisor. Client portfolios are managed based on investment instructions or advice provided by one or more of the following Legg Mason-affiliated sub-advisers: ClearBridge Investments, LLC and Western Asset Management Company. Management is implemented by LMPPG, the designated sub-advisor or, in the case of certain programs, the program sponsor or its designee.

All investments involve risk, including loss of principal. Past performance is no guarantee of future results. Please see each product’s webpage for specific details regarding investment objective, risks associated with hedge funds, alternative investments and other risks, performance and other important information. Review this information carefully before you make any investment decision.

Active management does not ensure gains or protect against market declines.