They have an asset management account
paying 4 percent.
For many investors, the most attractive feature of an asset management account
is the "sweep.
With the Home Asset Management Account
, customers have the option to convert all or a portion of the outstanding balance of their home equity line of credit during the draw period, into a fixed-rate advance and use it to finance expenses at a lower rate than they may get with other types of credit.
Salem Five Investment Services, LLC offers stocks and bonds, mutual funds, asset management accounts
, annuities, domestic and foreign securities, as well as financial and retirement planning, portfolio review and professional money management services.
a) Eligible assets include those held in USAA Private Investment Management, USAA Strategic Fund Adviser, USAA College Savings Plan (529) accounts, and USAA mutual funds; non-USAA managed assets held in USAA brokerage or Asset Management Accounts
(AMA) are not included in calculation of eligible assets.
Typical held-away asset information includes self-directed brokerage accounts, away asset management accounts
, trust accounts, pension plans, 401k's and IRA's.
has opened a full-service trust office in New York City to provide comprehensive fiduciary and trust services for corporate trust, retirement plan and asset management accounts
He also managed the technology integration of a First Union brokerage acquisition, developed a leading Internet mortgage origination application and launched one of the first Internet personal asset management accounts