Managed Accounts: Investing with a Set Level Fee

Managed money offers a degree of tax efficient Managed account trades that can be timed to minimize tax liability; mutual fund investors have no control when a fund realizes taxable capital gains. Managed account-holders have maximum transparency and control over assets; mutual fund-holders don't own the fund's assets, only a share of the fund's asset value.flexibility, convenience and a sense of security that few other investment options can provide. These features have made fee-based investing and managed-money investment vehicles quite popular among affluent, tax-sensitive investors.  Managers will usually charge an annual fee for their services, calculated as a percentage of the assets under management (AUM). Compensation fees range greatly, but most average around 1% to 2% of AUM. Many managers will provide discounts based on an account's asset size, so that the larger the portfolio, the smaller the percentage fee.

Please note that there may be disadvantages as well as advantages to managed accounts.  Please check with your financial professional regarding the risks that maybe associated with a managed account,.