Separately Managed Accounts (SMAs):
Dominating Institutional Markets But Lagging in Financial Advisor Channels

Recently Released!!!
Date Published: April 8, 2020
Summary PowerPoint Deck: 76 Slides

Reference PowerPoint Deck: 584 Slides

The purpose of this research is to provide readers with a comprehensive understanding of separately managed accounts (SMAs), including their historical development phases, core market segments, markets & distribution channels, and future predictions. This research is incorporated into Tiburon's broader research on investable assets.

This research addresses the key phases of the emergence of separately managed accounts (SMAs), including
  • Institutional Markets Phase
  • Financial Advisor Channels Phase
  • Maturation Phase
This research highlights the core market segments of separately managed accounts (SMAs), including:
  • Institutional Markets
  • High Net Worth Client Accounts
  • Separately Managed Account (SMA) Programs
This research also outlines the key separately managed accounts markets & distribution channels, including:
  • Institutional Markets
  • Financial Advisor Channels
  • Self-Serve Channels
  • International Markets
This research concludes with several future predictions for separately managed accounts (SMAs), including:
  • Moderate Growth in Separately Managed Accounts (SMAs)
  • Continuing Dominance of Separately Managed Accounts (SMAs) in Defined Benefit Plans and Endowments & Foundations
  • Growth in Indexed Separate Accounts
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