Are managed accounts diversified?

Services may vary depending on which MM you choose and are subject to an MM's acceptance of the account. Diversification strategies do not ensure a profit and do not protect against losses in declining markets. Investments in managed accounts should be considered in view of a larger, more diversified investment portfolio.

What is a managed account?

A managed account is a portfolio that is owned by one investor but is supervised by a professional money manager who has been hired by that investor. Money managers can demand six-figure minimum investments to manage accounts and are compensated by a fee, calculated as a set percentage of assets under management (AUM).

Should I invest in a managed account?

Investments in managed accounts should be considered in view of a larger, more diversified investment portfolio. Investment advisors are not owned by, affiliated with, or supervised by Schwab. Services may vary depending on which MM you choose and are subject to an MM's acceptance of the account.