The Evolution of Managed Accounts in Financial Advisory

This chapter explores the rapid growth and evolution of managed accounts within the financial advisory sector over the past decade. It highlights the technological advancements that allow access to diverse asset classes and tailored investment strategies, while discussing the challenges and opportunities advisors face. Emphasizing the importance of communication and education, the chapter underscores the need for advisors to effectively convey portfolio management information to clients, fostering stronger advisor-client relationships.