Asset managers operating SMAs typically use cutting-edge tools, analytics platforms, and trading technologies to perform their daily job functions more efficiently and accurately. These resources, in turn, provide advisors with comprehensive market data, advanced risk management tools, and efficient execution capabilities. Leveraging such tools leads to better decision-making, improved portfolio performance, and enhanced risk management. Although effective, they can be expensive and require a significant allocation of resources for advisors to onboard and manage these systems by themselves.
