Separately managed accounts have been growing rapidly over the past 10 years, with assets under management growing from $550 billion in 2011 to $1.7 trillion in 2021. Wealth managers chose SMAs due to the key advantages of tax optimization, direct ownership, professional management and customization. For those same reasons, the wealth management market is steadily adopting crypto SMAs as the vehicle of choice to invest in this emerging asset class. Below are some of the benefits: