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Dynamic Investing Made Personal

Elm SMAs allow you to customize your experience for greater control over your investments and taxes

 

Elm's Separately Managed Accounts help solve key investment challenges

Your assets, your account

Elm SMAs are available to US-taxable investors with custody through Fidelity or Charles Schwab. SMAs are maintained under the client’s name and control, with trading access granted to Elm.

Portfolio Customization

Take control of your investment strategy with Elm's three customization dials. Set your baseline equity risk level and split of US / Non-US assets, then choose how actively your portfolio responds to changing market conditions.

Flexible Funding Options

SMAs can be funded with cash or existing assets, allowing Elm investors to transition tax-efficiently into an Elm portfolio. Rather than selling everything at once, we analyze each position and create a plan that minimizes the tax impacts of a portfolio shift.

Enhanced Tax Efficiency

Elm SMA investors own the underlying ETFs directly, giving them more control over realizing capital gains or losses to help reduce taxes and increase after-tax return potential.

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How Elm SMAs Work

We start by customizing your portfolio through three intuitive dials - your baseline risk level, global market exposure, and how dynamically your portfolio responds to changing market conditions. From there, we systematically manage your portfolio using low-cost index funds, providing tax-efficient rebalancing and optimization while keeping you in control of your assets.

Account Custody

Accounts held at Fidelity, Schwab, and JPMorgan

All assets in client name

Daily liquidity

Funding

Accounts funded with cash or held assets

Tax analysis to help you evaluate the cost/benefit of holding vs selling legacy investments

Account Types

Individual, Joint, Trust, IRA, UTMA, LLC, LTD, and certain self-directed 401(k)s

Minimum SMA Investment

$1mm

Our Fee

0.12% p.a.

Liquidity

Daily

35%

Broad US Equities

11%

Broad Europe Equities

5%

Broad Dev Asia Equities

1.5%

Broad Canada Equities

13%

Broad Emerging Market Equities

2.25%

US Value Equities

0.25%

US Small Cap Equities

5%

US REITS

10%

US 10 YR TIPS

2.5%

US Aggregate Bonds

2.5%

US Muni Bonds

10%

US Treasury Bonds

Sample Portfolio Above

This portfolio has a 75% / 25% split between Equity & Fixed Income and a Neutral Global Mix

SMAs with Fully Customized Baselines

Portfolios customized to accommodate investor risk aversion, preferences, and non-Elm investments

Shifting Allocations

From your chosen allocation, the portfolio then systematically adjusts exposures based on expected returns and risk levels according to your preferred level of responsiveness

Weekly Portfolio Rebalancing

We divide each Elm account into four sub-portfolios and rebalance one per week. This results in the full portfolio rebalancing over the course of one month

Automatic Tax Loss Harvesting

Elm automatically checks for and executes Tax-loss Harvesting opportunities weekly

Talk to Elm

Learn more about Elm and start managing your wealth for the long run.