Understanding SMAs | Aperio - BlackRock
https://www.blackrock.com/us/financial-professionals/insights/understanding-separately-managed-accounts
Web ResultSMA. Understanding Separately Managed Accounts. Feb 12, 2024. Matthew W. Johnson, CFA, CFP®. SMAs can provide investors with many of the benefits of pooled vehicles, such as exchange-traded funds (ETFs) and mutual funds, while introducing a high degree of flexibility, customization, and control.
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