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In banking, a managed account is a fee-based investment management product for high-net-worth individuals. The main appeal for wealthy individuals is the access to professional money managers, a high degree of customization and greater tax efficiencies in a fee-based product.
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Pros of money market accounts. Money market accounts are interest-accumulating accounts you can open at a bank or a credit union.What differentiates these accounts from other savings accounts is ...
In the investment management industry, a separately managed account (SMA) is any of several different types of investment accounts.For example, an SMA may be an individual managed investment account; these are often offered by a brokerage firm through one of their brokers or financial consultants and managed by independent investment management firms (often called money managers for short ...
While Zynga affirmed the hack and that the information revealed included names, emails, Login IDs, hashed and salted passwords , password reset tokens, Zynga account IDs and connections to Facebook and other social media services, they did not state how many accounts were affected, but would contact those players with affected accounts.
Unified managed accounts are managed investment accounts that have developed out of separate accounts.Where a separate account holds the securities associated with a single investment manager or style managed for a client, a unified managed account typically holds multiple separate accounts, as well as other investment products such as mutual funds and exchange traded funds.