International Edition

Sunday, 18 October 2026

Private Trade News

Global markets, trading & world business — for professional traders

Funds

Same Investment Goal, Different Starting Point: The Case for SMAs

Private Trade News trader edition (2026-10-18): By Ryan Krystopowicz, CFA, Head of RIA Portfolio Solutions Distribution & Specialists; and Lauren Pfendt, Senior Associate, Portfolio Solutions Key… Primary source: original at ETF Trends (etftrends.com).

· ETF Trends

By Ryan Krystopowicz, CFA, Head of RIA Portfolio Solutions Distribution & Specialists; and Lauren Pfendt, Senior Associate, Portfolio Solutions Key Takeaways SMAs can give investors greater control over individual holdings, allowing portfolios to account for existing positions, security restrictions and individual circumstances. Direct ownership of individual securities can create more targeted opportunities for tax-loss harvesting [...]

The post Same Investment Goal, Different Starting Point: The Case for SMAs appeared first on ETF Trends.