A new survey finds that cost remains a key barrier to managed account adoption, but 70% of plan sponsors would consider offering them as an opt-in option if fees dropped to 10 basis points or less.

Managed accounts have been a defined contribution plan option for more than 20 years. Wilshire Advisors LLC’s November 2023 report, “The Future of DC: Personalized Investing,” noted that the ...

As more employers are adding managed accounts to their retirement plans, there is a growing interest in also using them as a Qualified Default Investment Alternative (QDIA). 1 They offer personalized ...

Among plan sponsors, 89% said a fee of up to 24 basis points was the highest they were willing to pay for managed accounts as an opt-in solution, according to the PGIM 2025 DC Plan Sponsor Landscape ...

Scott MacKillop plans to “Vanguard” the managed account space. Until now, it’s been easier to find low-cost advice than it is to find low-cost asset management says MacKillop, who plans to change that ...

A unified managed account, or UMA, is a single investment account that brings together multiple types of assets. This structure makes it easier for investors to view their holdings, monitor ...

A separately managed account (SMA) is a professionally managed portfolio of individual securities and can be customized to match an investor's preferences. Unlike pooled investment vehicles, an SMA ...