A variety of professional money management choices are available to Assura Trust that may include mutual funds, ETFs and other securities designed with the clients’ specific goals in mind.
Investment Management Accounts
Providing flexibility and professional management
What is an Investment Management Account (IMA)?
Settling parties often receive funds from litigation settlements, life insurance policies or other situations that call for professional asset management and the controls in an investment management account (IMA). Assura Trust specializes in working with parties to legal settlements and related financial matters in establishing accounts that are invested to generate growth and income. Account owners receive professional investment management and safekeeping of their assets along with accounting and tax information.
Assura Trust’s professional team utilizes investment strategies from leading investment companies. Customized multi-fund allocations are developed by our experienced portfolio managers with the risk tolerance and investment goals of the account owner in mind. IMAs can generate ongoing payments to address the financial needs of the account owner.
Benefits of an Investment Management Account
Investment Management Accounts may be used to meet a variety of financial goals, including:
- Minors: Asset management for minors’ funds, including payments in accordance with court orders.
- Funds from Settlements: Managing funds received from settlements to meet the often-complex long-term needs and objectives of payees.
- Structured Settlements and IMAs: IMAs pair well with structured settlements, which deliver scheduled payments to meet expected needs. An IMA provides liquidity for unpredictable needs and professional asset management.
- General Investment Account: An IMA should be considered when there is a need for quality asset management and custody services without long-term commitments.
Frequently Asked Questions
1% of the account value per year.
Yes, IMA accounts are held in custody and managed by a regulated trust. Further, specific assets held by the IMA such as mutual funds are sub-custodied with Fidelity. Assets held in an IMA are separate property and never co-mingled with other accounts or assets of the trust company.*
* Past performance is not indicative nor a guarantee of future results. Assura Trust and its affiliates do not provide tax, legal or accounting advice. Investments placed in an IMA account are not insured by the FDIC or any other government entity.
$100,000
Yes, the owner of the account may request ongoing payments be made from the IMA account, such as monthly or annual payments to begin on designated dates.