Individually Managed Accounts: An Investor's Guide

By Robert B. Jortxtsen and Robert B. Jorgensen

The first investor-friendly book on IMAs By 2010 nearly five million households will invest more than $2.6 trillion in individually managed accounts (IMAs). Today nearly $470 billion is invested in IMAs, yet not one book has clearly addressed the topic-until now. Individually Managed Accounts: An Investor's Guide shows investors what IMAs are, how to use them, and the related pros and cons of investing in them compared to other investment alternatives. Robert Jorgensen, CIMA (San Diego, CA), is the founder and CEO of RunMoney. He also founded Lockwood Pacific Investment Group and held senior positions at E. F. Hutton and Salomon Smith Barney. He is a regular speaker at numerous financial forums.

• Format: Hardcover
• Language: English
• ISBN: 0471238635
• ISBN13: 9780471238638
• Release Date: November 2002
• Publisher: Wiley
• Length: 288 Pages
• Weight: 1.25 lbs.
• Dimensions: 9.4" x 1.0" x 6.3"

Customer Reviews

I'll never invest in a mutual fund again....

Clear and concise. Managed accounts used to be for the wealthy. Things have changed though...investors can get into a separate account for $25,000 or less. The Jury is in... there is no doubt that many money managers beat the indexs (the good ones). These guys are professional money managers NOT MARKETERS who sell for commissions. Consequently, this allows them to focus on what's important, managing assets. Further, after one calculates the true costs (including transaction costs) mutual funds are slightly more expensive than the average separate account manager. The problem with mutual funds is that they typically are required to invest a minimum of 75% of the investors assets at ALL TIMES! Remember 9-11? Who wants to be in full-on in the market then?! Separate account managers were able to flee the equities markets because they aren't bound by the "diversification" restrictions that mutual funds are. Stuff to think about....