Knox Financial Services Unified Managed Account

Unified Managed Accounts - Personalized Investment Strategies

A Unified Managed Account (UMA) is an innovative investment solution that consolidates various investments, such as stocks, bond, mutual funds and exchanged traded funds into a single account.

This holistic approach to to investment management allows a consolidated view of your portfolio, ease of management and risk analysis, while maintaining a risk appropriate, well diversified investment strategy.

A Unified Managed Account May Provide Multiple Risk Levels In One Account

Consider a conservative and moderate investment allocation, managed separately, but consolidated in one account for management, recordkeeping and reporting.

Example Of Combining Multiple Risk Levels In One Unified Managed Account

Conservative Sleeve

This portfolio may be allocated to a combination of securities that overall comprise an conservative risk level.

Moderate Sleeve

This portfolio may be allocated to a combination of securities that overall comprise a moderate risk level.

This allocation is for concept only and is not intended as a recommendation for your portfolio allocation. Your Advisor will work with you to determine whether a UMA is suitable for you and the appropriate portfolios, or sleeves, within your UMA.

Unified Managed Accounts May Provide Separate Allocations For Different Investment Goals

A Unified Managed Account may be allocated among multiple diversified sleeves within the account. This allows monitoring and adjustment of each portfolio, while retaining the umbrella of a single account.

Example of Combining Different Allocations By Investment Goal

Current

This portfolio may be allocated to provide you with current income.

Intermediate

This portfolio may be allocated with moderately conservative allocations and serve to replenish the Current Income porfolio.

Long Term

This portfolio may be allocated to investments where a longer term horizon is suitable.

Legacy

This portfolio may be allocated with the goal of leaving assets to heirs, charity or other purposes, with an overall longer time horizon.

Each of the 4 goals in this example have different investment objectives, time horizons and risk levels. The Unified Managed Account allows each portfolio, or sleeve, within the UMA to invest to those goals, while providing a single account structure for management and reporting. Instead of 4 separate portfolios in separate accounts, these may be unified to one account, while retaining their characteristics of each portfolio.

This allocation is for concept only and is not intended as a recommendation for your portfolio allocation. Your Advisor will work with you to determine whether a UMA is suitable for you and the appropriate portfolios, or sleeves, within your UMA.

Benefits Of A Unified Managed Account

Retain Flexibility

Your Unified Managed Account may be reallocated at any time if your needs or situation changes.

As your assets are in one account, the reallocation process is quite easy to complete.

Manage Risk Across Your Entire Account

A Unified Managed Account (UMA) provides a consolidated view of your investments, allowing ease of evaluating your overall portfolio risk.

While different portfolios, or sleeves, within the account may have different risk levels, the UMA provides a convenient way to evaluate your overall portfolio risk.

Click here to learn about our risk analysis process.

Seek Tax Efficiency

One of the significant advantages of a UMA lies in its potential tax efficiency.

By integrating asset management with tax planning, strategic decisions may be initiated to minimize your tax liabilities, potentially enhancing your after-tax returns.

Streamline Reporting

Regardless of the number of investments within the Unified Managed Account (UMA), a single account statement is produced.

Reducing the number of multiple statements may ease the recordkeeping involved with your investment portfolio.

Our UMA reports also provide detail of each portfolio, or sleeve, within the investment account.

Many custodians charges recordkeeping fees per account. Consolidating multiple accounts to a UMA may reduce your custodial expenses.

Reduce The Number Of Tax Forms

Regardless of the number of investments within the Unified Managed Account (UMA), a single tax form is produced.

With multiple accounts, each may produce a tax form, such as Form 1099 or 1099R. With a UMA, there is only one form for each tax type.

Your tax professional may appreciate the convenience of a consolidated tax form.

Is A Unified Managed Account Right For You?

If keeping track of multiple accounts and investments feels like a chore, a UMA could simplify your life. If you seek professional management of your assets, a UMA may be an efficient tool to consolidate your assets, while maintaining different investment strategies.

Your Adviser will work with you to determine the best investment tools for your situation.

FAQ

May I combine my IRA, Roth and cash account into one UMA?

At this time, our UMA accounts may contain one tax type, such as an IRA. However, multiple IRAs or other like accounts may be combined to one UMA.

What is the minimum investment?

The UMA has a minimum investment of $75,000. Certain sleeves within the UMA also have minimum investment amounts.

A Message From Jason Knox, AIF®, CRC®

A Unified Managed Account is simply one of many tools to help you achieve your financial goals. Our philosophy is to Plan Well, Invest Efficiently, and Relax knowing you are on a path to your desired destination.

If you want to work with a team of professionals who care, listen to your goals, develop objective Solutions to help you grow and protect your assets, and are invested in your financial success, please contact us. We Look Forward! to the Journey with you.

Thank you,

Jason Knox, AIF®, CRC®

Contact Knox Financial Services