Discipline Drives The Process. Finding Value Is The Art.

MANAGED ACCOUNTS

Bright Investments offers discretionary account management for institutional and private clients.  Bright Investments manages the account on the client’s behalf according to its investment strategy and philosophy, but clients are able to provide restrictions to Bright Investments that allow greater customization than investing in a mutual fund or hedge fund product.

  • Portfolios typically contain 20-40 U.S. based securities.
  • Sector and industry weightings are the result of bottom-up analysis.
  • Market capitalization is typically $2 billion and above.
  • Cash is a function of appropriate opportunities, yet typically 10% of the portfolio.

A separately managed account is a private portfolio of actively managed, individual securities. By not commingling assets with other investors, clients may closely monitor the portfolio’s progress and evaluate their individual securities and asset allocations.

As a result of individual security ownership, separately managed accounts offer tax flexibility through tax gain/loss harvesting potentially reducing the tax impact of the portfolio. Furthermore, for financial planning purposes, individual portfolio positions may be gifted from a separately managed account. Clients should consult their professional advisors before making any tax or investment decisions. This information should not replace a client’s consultation with a professional advisor regarding their tax situation. Bright Investments is not a tax advisor.

Customization of the portfolio can be provided by choosing to avoid investing in certain securities or economic sectors, tailoring the portfolio to the investor’s distinct requirements and requests.