| Managed accounts appeal to investors
who have accumulated substantial assets and want to plan for
long-term security. |
| Investors of all ages are
increasingly turning to professional advisers for help in
managing their portfolios |
| Managed accounts
are now available from many different companies, offering
a wide range of services and increasingly competitive fees. |
| Lower minimum investment
requirements have put managed accounts within the reach of
many more investors. |
| Managed accounts
offer opportunities for tax planning and customization. |