What is a Select UMA account?

Morgan Stanley’s Select UMA program is a unified managed account that allows you and your Financial Advisor to leverage the firm’s expertise at each stage of the Consulting Group’s investment process. ACCESS to professional. asset managers. GUIDANCE with building. your portfolio.

What is the difference between UMA and SMA?

SMA stands for Separately Managed Account. And UMA stands for Unified Managed Account.

What is a AAA account at Morgan Stanley?

All AAA accounts are brokerage accounts offered through Morgan Stanley Smith Barney LLC. The Morgan Stanley Debit Card is issued by Morgan Stanley Private Bank, National Association pursuant to a license from Mastercard International Incorporated.

What are UMA models?

Each model contains a mix of mutual funds and/or ETFs as well as separately managed allocations (SMAs), which are professionally managed portfolios of individual stocks and bonds. This could provide tax efficiencies and the flexibility to restrict certain types of investments within your account.

How much money do you need to invest with Morgan Stanley?

Do I have to invest a certain amount? The minimum investment for Morgan Stanley Access Investing is $5,000. If you plan to open a tax-advantaged account such as an IRA, please consider the IRS’s annual contribution limits, which you can view on the IRS website.

What are managed accounts vs mutual funds?

A mutual fund is owned by multiple investors who have each purchased a share in a pool of securities—and the fund itself owns the securities. A separately managed account, conversely, is owned by an individual investor who owns all of the investments inside the portfolio.

How does a UMA work?

A unified managed account (UMA) is a professionally managed private investment account that can include multiple types of investments all in a single account. Investments may include mutual funds, stocks, bonds, and exchange-traded funds. Unified managed accounts are often rebalanced on a specified schedule.

What is my Morgan Stanley account number?

Your Financial Advisor can provide these numbers as soon as your account is opened. You can also view your account information such as routing and account numbers on the Account Services tab on Morgan Stanley Online.

What is a fund strategist?

Fund Strategist Portfolios (“FSPs”) can provide advisors access to investment strategists who construct distinct portfolio solutions to help meet the ever increasing demands of today’s investors. They typically comprise a set of mutual funds and/or exchange-traded funds (ETFs).