The vast majority of investments managed and held for client accounts are securities. These securities are then held in various custodian accounts with brokers. We primarily use Charles Schwab & Co. and have client accounts registered with Schwab but in your name and mailing address. With the creation of IRA accounts in the early 1980’s, the industry began packaging various types of different investments using the mechanism such as mutual funds, index funds, specialty ETF’s, Real Estate Investment Trust and a whole list of investments that can be held within these brokerage accounts.
Type of Investments Used