For clients in discretionary accounts, portfolio managers can act on available information quickly and efficiently, selling the position out of all their accounts in a single, cost - effective transaction. (investopedia.com)
You may need more of a traditional stock broker instead of an adviser who puts your money into a managed discretionary account. (moneysense.ca)
In discretionary accounts, we help the client to determine and periodically review his or her investment goals. (palisadeshudson.com)