Investment Advisory Programs

 
Advisory Programs: Choice SMA | Choice Fund | Choice UMA | Choice Advisor

CHOICE SMA is the classic institutional investment program. A Separately Managed Account (SMA) provides clients direct access to some of the world's leading investment managers and ownership of all underlying investments. Advisors may choose from a diverse list of non-proprietary institutional money managers ensuring the most appropriate selections based on individual wants and needs. Individual ownership gives clients their own cost basis, allowing greater flexibility, more control and significant tax advantages over other investment vehicles. CHOICE SMA is ideal for clients seeking a long-term, customized, goals-driven approach to investment management.

  • All accounts are managed by professional third party investment managers
  • All contractual relationships, i.e., custodian, broker-dealer, investment manager, etc., are managed by Kovack Advisors, Inc.
  • All transactions, settlements, income receipts and reconciliation are automated
  • Minimum account size typically is $100,000
  • Clients receive at the minimum quarterly statements
  • Performance reports are available