Separately Managed Accounts

Separately managed accounts (SMAs) are customized securities portfolios owned by individual investors. Clients can:

  • Select an investment manager, with the help of their financial advisors, to create a personalized portfolio that meets their requirements.
  • Generally open an account for a minimum of $100,000–$250,000.
  • Own individual securities in their portfolios and can restrict the purchase of certain securities or types of securities.
  • Generally fund the account with securities in kind or cash.
  • Have the potential for more tax flexibility through tax gain/loss selling.

Franklin Templeton Portfolio Advisors Inc. (FTPA), through its investment management divisions of Franklin Separately Managed Accounts and Templeton Separately Managed Accounts, offers global and domestic separately managed account products and services to high-net-worth individual and institutional clients. A Consulting Services team sells a suite of financial services through financial intermediaries.

For more information about SMAs or to determine which portfolios are available at your firm, please contact us at (800) 822-8464 or email ftpainfo@franklintempleton.com.

Portfolios

Our portfolios are managed by Franklin Separately Managed Accounts and Templeton Separately Managed Accounts, divisions of Franklin Templeton Portfolio Advisors, Inc. For each portfolio, we offer a series of marketing materials that are updated quarterly, including:

  • Market Commentaries — contain market reviews and outlooks
  • Portfolio Profiles — detail portfolios’ philosophies, processes, characteristics, and performance
  • Portfolio Presentations — provide company overview, philosophy, process and investment management teams

Descriptions of the separately managed account portfolios we offer are listed below.

  • Description 

    Multi Strategy Municipal

    A hybrid portfolio comprised of 60% in individual intermediate-term municipal bonds and 40% in a high yield, tax-free pooled investment vehicle.
    Franklin Separately Managed Accounts1

    Order/View Literature

    Intermediate Fixed Income

    Invest in U.S. government bonds, U.S. agency securities and corporate bonds, with the objectives of producing a high level of current income and generating total return opportunities.
    Franklin Separately Managed Accounts1

    Order/View Literature

    Intermediate Investment Grade Credit

    Investing in high quality bonds, seeking to take advantage of relative valuation differences between sectors, issuers and individual bond issues, with the objectives of producing a high level of current income and generating total return opportunities.
    Franklin Separately Managed Accounts1

    Order/View Literature

    Intermediate Municipal

    Invest in current coupon bonds with the goal of producing the highest possible tax-free income, coupled with preservation of capital.
    Franklin Separately Managed Accounts1

    Order/View Literature

    Limited Maturity Municipal

    This portfolio is available as a restriction to the FPA Intermediate Municipal Fixed Income portfolio for accounts meeting a $500,000 investment minimum. National, California or New York portfolios are available.
    Franklin Separately Managed Accounts1

    Order/View Literature
  • Description 

    Rising Dividends

    The strategy seeks long-term capital appreciation by investing at least 65% of its net assets in companies of any size that have paid consistently rising dividends.
    Franklin Separately Managed Accounts1

    Order/View Literature
  • Description 

    Global Equity

    Approximately 70 to 100 international and U.S. equities of companies across all capitalization levels, with emerging markets exposure. A developed markets ex-U.S. equity strategy, which excludes emerging market countries, is also available.
    Templeton Separately Managed Accounts2

    Order/View Literature

    International Equity

    Approximately 70 to 100 international equities of companies across all capitalization levels, with emerging markets exposure. A developed markets ex-U.S. equity strategy, which excludes emerging market countries, is also available.

    Order/View Literature

    World Balanced

    Approximately 65% international equities and 35% U.S. government bonds, U.S. agency securities and corporate bonds with the goal of providing long-term capital appreciation and consistent rates of return.
    Templeton Separately Managed Accounts2

    Order/View Literature
  • Description 

    Small Cap Growth

    Approximately 60 to 100 U.S. equities of companies that are sector leaders in their emerging growth phase with sustainable, competitive advantages that can achieve superior, long-term results. Closed to new investors.

    Order/View Literature

Sales Tools

Sales Tools focus on specific aspects of separately managed account portfolios to keep you and your clients up-to-date on current trends.

The Case for Separate Account Management/Annual Total Returns of Key Asset Classes

For clients new to separately managed accounts, this piece describes the benefits.

Institutional Execution for the Individual Investor

One of the many benefits of separate account management for municipal bonds is avoiding costly mark-ups by using the institutional execution of an investment manager. This piece graphically represents just how high those individual bond purchase mark-ups may be.

Get Literature for this Topic

Contact Us

Brian Beda, CIMA®

SMA Business Manager
Separately Managed Accounts Division
(727) 299-7940, ext. 37940
brian.beda@franklintempleton.com

Contact Us

 

James Farrell

SMA Advisor Consultant
(727) 299-7296, ext. 37296
james.farrell@franklintempleton.com

 

Calvin Roseberry II

SMA Consultant
(727) 299-7816, ext. 37816
calvin.roseberry@franklintempleton.com

 

Jennifer Strachan

SMA Advisor Consultant
(727) 299-7190, ext. 37190
jennifer.strachan@franklintempleton.com

Jon Sofer

SMA Client Service Analyst
(650) 312-3741, ext. 23741
jon.sofer@franklintempleton.com

Jon Sofer

SMA Client Service Analyst
(650) 312-3741, ext. 23741
jon.sofer@franklintempleton.com

Jon Sofer

SMA Client Service Analyst
(650) 312-3741, ext. 23741
jon.sofer@franklintempleton.com