Your Investment Team: Strategic Advisers, Inc. and Breckinridge Capital Advisors, Inc.

When you open a managed account, the investment decisions for your account will be handled by Breckinridge Capital Advisors, Inc., with oversight and monitoring by Strategic Advisers, Inc., both registered investment advisers.

About Strategic Advisers, a Fidelity Investments company

  • More than 130 investment professionals, including over 70 research analysts who research and monitor over 1,300 investment managers around the globe1
  • More than $200 billion in assets under management1
  • Managing clients' accounts for over 25 years

Meet the people at Strategic Advisers.

About Breckinridge

  • More than 25 investment professionals2
  • More than $25 billion in assets managed for over 12,400 accounts2
  • More than 20 years of experience investing municipal bond separately managed accounts

Meet the people at Breckinridge.

How we construct and manage your portfolio

Portfolio construction and management for the Breckinridge Intermediate Municipal SMA focuses on constructing portfolios primarily with intermediate term, investment grade municipal bonds.3

Here's what we can do for you:

  • Invest your assets – Portfolio managers, traders, and analysts will choose from thousands of municipal bonds and determine the appropriate investments for your portfolio.
  • Maintain a diversified portfolio – Portfolio managers will diversify your municipal bonds across various issuers, sectors, and maturities seeking to limit the risk in your portfolio.4
  • Provide active management – Portfolio managers will evaluate market conditions and determine if there are trading opportunities for your portfolio.
  • Provide ongoing credit research and monitoring – Fundamental bottom-up credit analysis is conducted on each bond held in your portfolio and credit quality is monitored on an ongoing basis.
  • Conduct an annual review – We'll conduct a comprehensive annual review to help ensure your account is still aligned with your financial situation and goals.