Stop Wasting Wealth in Mutual Funds Don F. Wilkinson

ASSET MANAGEMENT BEYOND MUTUAL FUNDS
Let Don F. Wilkinson introduce you to a better way of investing your money today: a separately managed account.

Comparing Separate Accounts with Mutual Funds:

Separate Account Transparency

Timely performance review of your mutual funds: slow, slow, slow. Separate accounts give the investor portfolio tracking 24/7.

Most investors traditionally have had to make do with dated semiannual and quarterly disclosures of their mutual fund holdings.

Even though the Web has made the tracking of securities considerably faster and easier, the major funds companies have been painfully slow in keeping investors informed in a timely manner as to what stocks actually comprise their portfolio.

Contrast that with separate account holders who can view their positions almost on a daily basis.


Excerpt from Stop Wasting Your Wealth in Mutual Funds: Separately Managed Accounts—The Smart Alternative

Stop Wasting Wealth
Click here for more information on the book

Chapter 12—Transparency: Delayed Reporting or Near Real-time Reporting?

Transparency is not always forefront in a client’s mind as a major benefit for separate accounts. Yet the value of having up-to-date information about your portfolio at your disposal is your secret weapon. Armed with information, you are in the driver’s seat. Making minor adjustments to your account is possible, along with the capability to hire and fire money managers based on the results of your readily available SAM reports. Don’t forget, with a separate account you know exactly what you are being charged and what you are paying for. It makes sense.

Mutual Funds:

  • Fund companies are slow to report results.
  • Investor never knows in real time what stocks are in his or her account.
  • Fund companies hype performance results.

Separate Accounts:

  • Investor can receive SAM account information in real time.
  • Reporting is quarterly, monthly, and even daily (trades).
  • Investor can hold advisor and money manager(s) accountable.