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Individually and Separately Managed Accounts

  • Keith R. Fevurly
Chapter

Abstract

Many investors do not know the difference between a fee-based advisory account, an individually managed account, and a separately managed account as offered to them by their investment advisor or financial planner. Moreover, they likely do not really care to know the difference, as long as the costs of each type of account to them are reasonable. The focus of this chapter is on separately managed accounts and, then, in how they differ from traditional mutual funds. However, first, I need to review the discussion from  Chapter 1 of the characteristics of a fee-based advisory account and the distinction between individually managed and separately managed accounts.

Keywords

Mutual Fund Portfolio Manager Asset Allocation Generally Accepted Accounting Principle Expense Ratio 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Keith R. Fevurly 2013

Authors and Affiliations

  • Keith R. Fevurly
    • 1
  1. 1.COUS

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