Investor Glossary-managed accountInvestor Glossary-managed accountInvestor Glossary-managed accountInvestor Glossary-managed accountInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Managed Account

The HTML to link to this page
 

A managed account is an investment account that is managed by a third party who has the authority to buy and sell without prior approval from the holder. A managed account is similar to a discretionary account, but the difference is that a discretionary account is typically opened out of convenience for clients who are ill or out of the country; a managed account may be solicited beyond those circumstances. The holder of a managed account may allow the third party controlling the managed account to trade without restrictions; on the other hand, the holder of a managed account may choose to impose some limitations. A managed account is similar to mutual fund accounts, which are also managed on behalf of another person, except that a managed account may be personalized and tailored to the specific needs/goals of the account holder. Whereas a mutual fund account involves the assets of many investors, a managed account belongs to one person. A managed account is sometimes called a controlled account.



Rate this managed account definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: irrevocable trust, minority interest, Zero Cost Collar, 144a, open position, EBITDA, 1035 exchange, annual return, FICO score, phantom income, in escrow, diluted share, deferred revenue, real GDP, deferred tax, current ratio, FTSE, 1031 exchange, dividends payable, margin rate, stock market close, limit order, VIX, retained earnings, per diem, debt service coverage, class C shares, stock split, average price per share, ex-dividend, command economy, ex-dividend date, reverse mortgage, liquidity ratio, option premium, risk management, quality assurance, 401a, required rate of return, cancelled check, implied volatility, covered put, LIBOR, Key Rate Duration, labor relations, wholly-owned subsidiary, APR, balance sheet, inflation


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use