Rx Separately Managed Accounts

PortfolioRx offers the better names at low cost.

Each account is especially managed for one particular client by a prominent investment firm. The portfolios are invested in individual stocks and bonds. No mutual funds.

For high-net-worth investors I diversity money managers. Portfolio Rx brings together a portfolio of professional money managers rather than a portfolio of stocks.

With access to many outstanding portfolio managers we can work toward client investment goals with the same level of money management and portfolio construction expertise used by some of the nation’s largest institutional investors.

In addition to investment objectives, we can address each client’s unique need for tax efficiency and special requisites. For instance, we can offer a choice of 12 strategically designed combinations of carefully selected portfolio managers.

The minimum SMA account size is set by the portfolio manager selected. Typical minimums are $100,000 to $250,000.

Clients pay one small percentage fee. It is often referred to as the wrap-fee because it bundles portfolio management fees, transaction costs and all other charges into that single fee. PortfolioRx offers these accounts for fees that are among the lowest in the industry.

PortfolioRx reserves the right to negotiate all management fees, and the above SMA portfolios may be offered at a reduced fee at PortfolioRx’s discretion.

SMAs are typically billed in arrears, but in certain circumstances may be billed in advance, depending on the practices of the portfolio manager selected by the client. Management fees billed in arrears are calculated based on the account valuation of the last business day of the preceding quarter.