Self-Directed Portfolio

(redirected from Self Directed Account)

Self-Directed Portfolio

An investment portfolio in which the account holder has a great deal of control over the investments made on the account. That is, the holder has the ability to make investments with the capital in the account because he/she has not delegated the power to an investment adviser.
References in periodicals archive ?
PacifiCare designed the plan to offer health-care consumers greater independence, allowing them to control the employer-funded account -- a Self Directed Account (SDA) -- as "personal" health-care funds, deciding how and when to spend the pool of money.
Employees use the money from the Self Directed Account to pay for eligible health-care expenses until the account is exhausted.
The changes with respect to BICs and the aggregation of IRAs and self directed accounts become effective on Dec.