Self-Directed Portfolio

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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 ?
Another client, Jamie, applied a self-directed account to a Roth IRA he opened while finishing college.
In order for a self-directed account to qualify for IRA treatment, Sec.
Some plans calculate earnings using the rate of return for a money market account, rather than the rate of return for the participant's self-directed account when they make corrections to the plan for exceeding the maximum contribution and deferral limits.
If you're saving for your retirement in a self-directed account, be sure to keep the balance below $100,000 at any one institution.
But you will pay start-up fees and annual maintenance fees for a self-directed account at a brokerage firm, plus brokerage commissions on every transaction.
Giving Bank of America's Platinum Privileges customers who open a Merrill Edge self-directed account 30 commission-free online equity and ETF trades per month along with complimentary access to Merrill Edge MarketPro([TM]) is a great way to recognize and reward customers who do more business with Bank of America and Merrill Edge," said Alok Prasad, head of Merrill Edge.
As more individuals are learning about the endless range of investment opportunities available with their IRAs and 401(k)s, Freedom Growth has focused their efforts on educating investors to the range of self-directed account options that are also available.
So most establish six or seven core funds, and then add a self-directed account to provide options for relatively sophisticated investors.
Customers who prefer to invest on their own can open a Merrill Edge self-directed account where they will have access to an online investing platform, with robust tools and resources to help them make informed investment decisions.
Working directly with First Data's card processing services enables us to provide our customers with a complete solution offering self-directed account management, financial claims adjudication, and a multi-purse debit card platform, consolidating the technology and services required to administer all types of CDH accounts into one solution," said Terry Hunter, chief executive officer, ConnectYourCare.
Convergys' self-care solutions, including advanced speech recognition, will enable Wachovia to keep pace with its customers' interest in prompt and reliable customer service and self-directed account management options," said Jack Freker, President of Convergys' Customer Management Group.