house account

House account

A type of account at a brokerage firm that is given a high level of priority and is handled by the main office or an executive, rather than a traditional salesperson.

House Account

1. An investment account a brokerage firm uses for its own investments, rather than those on behalf of a client.

2. An investment account in a brokerage that is large or otherwise important enough to be managed from the brokerage's main office, often with a major executive as the broker.

house account

A brokerage account managed by a firm's main office or by an executive of the firm.
References in classic literature ?
Fairfax some occupation: the weekly house accounts to make up, or something of that sort, I think it was.
He surpassed the United States White House account (49.
On 10 October 2012, Macquarie received $14 million from the Macquarie Client intended for Account A, but which was deposited by Macquarie into the Macquarie non-segregated House Account (Contravention 1).
The regulator said that the bank incorrectly took money from its Client Segregated Account, while it should have been withdrawn from its Australian operation's London house account.
We want to remain personal, the type of company where you get a client talking to a principal, not the kind of company where accounts are handed over to an account executive who manages a house account," Bolland said.
There was, and although both sides claim the judge ruled in their favor on the issue earlier this year, bills for more recent attorney fees have been sent to members by letter, not placed on the house account.
It was out of Kidder's house account that Jett traded government securities.
Radiant's Aloha eFrequency can also easily manage and control employee meal and house account programs, ensuring costs are accounted for accurately.
Mercury administers a corporate Automated Clearing House account that allows central pooling of gift card deposits and electronic reconciliation with each location.
In addition, eFrequency allows CPK to manage and control its employee meal and house account programs electronically.
VERY BUSY UPSCALE FULL SERVICE SPA / 7 CUTTING STATIONS - RENTS 3 STATIONS OUT @ $35 PER DAY / THEY HAVE THEIR OWN CLIENTELE / SPLIT 50/50 ON ALL HOUSE ACCOUNTS / SALES ARE HALF HOUSE ACCOUNTS / FANTASTIC LOCATION / LOT'S OF WALK-INS / TON'S OF MEDIA EXPOSURE - GROUPON - LIVING SOCIAL - GOOGLE - FACEBOOK - YELP - INSTAGRAM PAGE / ALL WITH EXC REVIEWS / ALL THE FURNITURE & EQUIP IN THE STORE IS NEW / SELLER PLANS TO RELOCATE OUT OF THE COUNTRY / THE SEASON IS HERE
He explores how they studied bin Laden, details earlier SEAL missions, and tells the real story pinpointing major differences between White House accounts and reality.