institutional account

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.
References in periodicals archive ?
Howell borrowed money from investors, in return for promissory notes, and deposited it in an institutional account at Merrill Lynch.
According to the latest SPIVA Institutional Scorecard report from S&P Dow Jones Indices, at least two-thirds of mutual funds and institutional accounts in multiple asset classes underperformed their respective benchmarks even before fees were included in the calculation.
In that capacity she covered major institutional accounts and hedge funds and researched, sold and executed trading ideas.
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