Managed Accounts

Key Points

  • Receive ongoing investment advice from your financial advisor, including a review of your account(s) and associated investment strategy at least annually to help you stay on track to your goals
  • Collaborate with your financial advisor to design an investment strategy personalized to you and select from a wide variety of investment products, programs and managers
  • Pay a fee based on the assets in your account instead of paying by type or frequency of transaction to keep the emphasis on your goals

Why managed accounts?

Managed accounts use an asset-based fee structure that allows investors to receive advice and implement an ongoing personalized investment strategy without incurring individual trading costs at the time of purchase or sale.

You can work with your financial advisor to create your investment portfolio using a broad array of investment choices and professional money managers as part of this investment advisory service.

Be involved, or delegate account management

Your financial advisor can recommend one or more programs for your taxable and retirement assets based on your goals and needs.

Whichever program(s) you choose, your financial advisor will track your overall investment portfolio for each account and work with you to make sure it remains aligned with your goals.

SPS Advantage

  • Choose from a broad array of investments — mutual funds, stocks, exchange-traded funds (ETFs), bonds and other publicly traded securities
  • Be actively involved in the investment selection and ongoing monitoring of your account
  • Review and approve your financial advisor's trade recommendations
  • Receive ongoing asset allocation reviews and rebalancing
  • Have the potential for margin loans

SPS Advisor

  • Delegate investment selection, monitoring, strategy and trading decisions to your financial advisor who can choose from a broad array of investments — mutual funds, stocks, ETFs, bonds and other publicly traded securities
  • Receive personalized service from a financial advisor who meets certain criteria, including special training to build and manage a customized portfolio designed to meet your goals

Active Portfolios® Investments

  • Choose from a wide variety of mutual fund portfolios to help you meet your growth and income needs
  • Rely on in-depth Advisory Service Provider monitoring by the Ameriprise Investment Research Group
  • Delegate your portfolio management to a professional investment manager
  • Receive asset allocation, risk management, investment selection and dynamic reallocation services
  • Gain access to an active investment approach normally reserved for large institutional investors, like pension funds and endowments

Select Separate Account

  • Choose from a select group of separately managed account (SMA) strategies offered by high quality investment managers or Select Strategist UMA Portfolios (unified managed account), a manager-driven investment advisory solution that offers two series of portfolios (including one that is tax sensitive), each containing five risk-based portfolios with risk tolerances ranging from conservative to aggressive 
  • Rely on in-depth Investment Manager monitoring by the Ameriprise Investment Research Group
  • Delegate buy-and-sell decisions to the investment manager based on your strategy's individual investment objective
  • Own the individual securities in your account, which gives you greater control and offers you potential tax management opportunities

Vista Separate Account

  • Select from a broad array of separately managed account (SMA) strategies with access to over 300 strategies and a variety of investment styles
  • For further diversification and to complement your asset allocation strategy, choose to invest in eligible mutual funds and ETFs if desired
  • Delegate buy-and-sell decisions to the investment manager based on your strategy's individual investment objective
  • Own the individual securities in your account, which gives you greater control and offers you potential tax management opportunities

Investor Unified Account

  • Combine multiple investment vehicles including separately managed accounts, mutual funds and ETFs into a single, simplified account
  • Delegate buy-and-sell decisions to the investment manager based on your strategy's individual investment objective
  • Enjoy the convenience of automatic rebalancing that adjusts the account’s asset allocation annually based on your established targets