What is a Managed Account in the context of Family Offices
A managed account is an investment account owned by an individual investor, typically within a family office, but managed by a professional money manager. This arrangement allows for personalized investment strategies tailored to the specific financial goals and risk tolerance of the family office, while leveraging the expertise of professional management.
Benefits of Managed Accounts for Family Offices
Managed accounts offer several benefits for family offices, including customized investment strategies, direct ownership of assets, enhanced transparency, and the ability to implement tax-efficient strategies. This personalized approach helps align the investment portfolio with the unique needs and objectives of the family office.
