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Institutional Account

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Institutional Account
A brokerage account of a registered investment company, insurance company, pension fund or any similar organization. Some regulators, such as the MSRB, apply the term more generally to include banks and individuals investing an unusually large amount of money. Institutional accounts often receive preferential treatment from their brokers, such as lower commissions.

institutional account
A brokerage account of an investment management organization.


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Byline: Dubai Invesco Asset Management has appointed Zainab Kufaishi as institutional account manager for its Dubai-based Middle East operations.
Howell borrowed money from investors, in return for promissory notes, and deposited it in an institutional account at Merrill Lynch.
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