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asset management account

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Asset management account
Account at a brokerage house, bank, or savings institution that integrates banking services and brokerage features.
asset management account
A comprehensive brokerage account that includes checking, a credit or debit card, margin loans, and the automatic sweep of cash balances into a money market fund. Examples of brokerage asset management accounts include Cash Management Account® by Merrill Lynch (the first firm to offer this type account), Financial Management Account® by Smith Barney, and Schwab One® by Charles Schwab. Features and fees vary by firm. Also called central assets account, sweep account.
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An asset management account affords savers the opportunity to constantly have their money working for them," notes Vernon Brown, a certified financial planner and partner with Bilal, Brown & Williams in Tarrytown, N.
Bells & whistles savings account by Bergsman, Steve / Black Enterprise
These views are subject to change at any time in response to changing circumstances in the markets, and are not intended to predict or guarantee the future performance of any individual security, asset class, the markets generally, nor are they intended to predict the future performance of any UBS Global Asset Management account, portfolio or fund.
UBS Global Asset Management Advises: Performance Chasing Leads to ... by Business Wire
These views are subject to change at any time in response to changing circumstances in the markets, and are not intended to predict or guarantee the future performance of any individual security, asset class, the markets generally, nor are they intended to predict the future performance of any UBS Global Asset Management account, portfolio or fund.
Asset Managers Must Adapt to Survive; Flexibility is Key, Says UBS ... by Business Wire
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