What types of agency accounts are available for investors?
If you want to invest but don’t want to spend time researching individual stocks or moving your holdings as world markets change, you may want to consider an investment agency account.
An agency account allows an investment manager to make portfolio decisions on your behalf, based on your broadly stated investment goals.
As the principal of your account, you still have control, but you no longer need to deal with the day to day of investing. You might want to consider this approach if you find the efficiency and expertise of it appealing.
There are four types of agency accounts:
Managing investment assets can be time consuming and complex. An agent can help simplify the process. Potential benefits include:
An agent may be given one of two forms of authority in making investment decisions:
Managing investments is not a task that suits everyone. Contact a financial professional if you feel you may benefit from the support and professional oversight of an agency account.
*For more information, please request a copy of the U.S. Bank Investment Management Fee Schedule.
Equity securities are subject to stock market fluctuations that occur in response to economic and business developments.