Not like ETFs, SMAs offer you direct possession of your property, which permits higher portfolio customization to satisfy your particular danger/return wants targets. That’s, SMAs might be custom-tailored by your funding supervisor to satisfy your distinctive necessities – danger tolerance, funding horizon, monetary targets and extra. Direct possession additionally facilitates extra clear and easy tax administration methods, resembling tax-loss harvesting. Lastly, SMAs are custody-agnostic, permitting traders to select from all kinds of custodians and venues starting from Anchorage, BitGo, Coinbase and Kraken.
