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What are the benefits of using professional SMA/UMA account management versus managing it yourself?

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Here is a metaphor we like to use at GlobalBridge. One can liken investing to getting from point A to point B. There are many methods each of which has benefits and drawbacks. You could take the bus. Taking the bus does not require a significant amount of investment and the driving is left up to someone else. However, the bus makes several stops along the way picking up other people and dropping off others. Taking the bus is much like investing in mutual funds.

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