Investing Ideas

Diversifying concentrated portfolios with custom SMAs

Custom SMAs can help investors improve portfolio diversification in a tax-sensitive way.

Key Takeaways

Holding a high percentage of a portfolio in a single stock or sector can increase portfolio risk.
Custom separately managed accounts (SMAs) allow investors to gradually diversify holdings using tax-management techniques.

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Diversifying concentrated portfolios with custom SMAs

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Diversifying concentrated portfolios with custom SMAs

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