BlackRock Separately Managed Accounts at Morgan Stanley

BlackRock works with you to understand your clients’ investment challenges and construct portfolios tailored to their financial goals. Consider a BlackRock separately managed account (SMA).

Schedule a meeting with an SMA specialist Schedule a meeting with an SMA specialist

SpiderRock’s option overlay strategies

Hedged Equity Concentrated Stock (HEC)

Our HEC strategy seeks to reduce concentrated stock risk and minimize taxes, offering a tax-efficient path to diversify holdings over time while potentially generating income in exchange for some upside growth.
HEC one pager HEC one pager

Exchange Fund Replication (EFR)

EFR offers a low-cost alternative to exchange funds, enabling investors to diversify concentrated stock positions with daily liquidity, customizable index exposure, and no lock-ups or Qualified Purchaser requirements.
EFR one pager EFR one pager
Select UMA (Single contract) CES (Dual contract)
Accordion-1,Crosslink Panel-1
Accordion-2,Crosslink Panel-2

Managing Call-Away Risk in SpiderRock's HEC Covered Call Strategy

Dave Donnelly, SpiderRock’s Head of Advisor Relations, explains two ways shares may exit a client’s account. First, the rare case when shares are called away from early option exercise, and second, through SpiderRock’s proactive, tax-neutral Strategic Liquidation process that tax-efficiently reduces stock concentration.

The BlackRock difference

Working together, our people and technology help craft solutions to solve for your clients’ most complex investment challenges. BlackRock SMA solutions are built to address a broad range of investment objectives.
Tools icon

Personalization beyond the ordinary

We offer customized direct index, active equity and fixed income SMAs tailored to meet your clients' unique needs and goals.
People icon

Local partnerships

Our full service coverage model provides access to regional portfolio managers, strategists, and relationship professionals.
Technology icon

Industry-leading technology

BlackRock's proprietary risk platform helps you identify opportunities and navigate risk in your clients' portfolios.

Ready to get started?

If you’re ready to begin a conversation with us about our suite of SMA solutions, please email your BlackRock representative or schedule a meeting with an SMA specialist through the link below.

Schedule a meeting Schedule a meeting