Sentences with phrase «assets wrap account»

Not exact matches

The company, Allison Street Advisors, based in Washington, D.C., is selling an investment vehicle called a wrap account, which gives customers with $ 250,000 in assets access to big - name institutional money managers.

Client assets in the Advice and Wealth Management business grew as more clients pumped assets into fee - based investment advisory, or wrap, accounts.

Assets in client wrap accounts totaled $ 257 billion, an increase of $ 5.7 billion in the quarter.

• Full - service brokerage services for stocks, bonds, & mutual funds • Asset Allocation Recommendation & Implementation • Lower cost than any full - service brokerage in Pocatello • Wrap or fee - based accounts or transaction based

The wrap fee is calculated as a percentage of net assets in the clients account rather than on transactions.

Traditional wrap programs are based on the original model developed by E.F. Hutton in 1975, with minimum investments between $ 100,000 and $ 200,000, fees between 1 % and 3 % of the net assets in the account, and «wrapped» services that include portfolio management, asset allocation, custodial services, execution of transactions, and preparation of quarterly performance reports.

Dopple: Russell Asset Management's Balance Growth wrap account, one of the best performers in Canada and with a similar mandate as the sleepy portfolio (and actively managed), has a 5 - year annual average return of -0.98 % (menaing it's down approx. 5 - percent over the five years) while the above portfolio has a postive return.

Investment dealers offer «wrap accounts» which either use pooled funds or invest client monies in a «model portfolio» approach for a single asset based fee.

Wrap accounts typically are available only for larger account sizes (for example, a minimum of $ 100,000 of assets) and include additional services.