Meaning WRAP ACCOUNT: An investment consulting relationship for management of a client's funds by one or more money managers, that bills all fees and commissions in one comprehensive fee charged quarterly
More terms such as Wrap account in Dictionary W.
- Definition Wide Opening:
- Examples Abnormally wide spread between the bid and asked prices of a security at the opening of a trading session wrap account definition.
- Definition Wilshire Indexes:
- Examples Widely followed performance measurement indexes measuring performance of all U.S.-headquartered equity securities with readily available price data, created by Wilshire Associates, Inc wrap account explain.
- Definition Whistle Blower:
- Examples A person who has knowledge of fraudulent activities inside a firm or government agency, who is protected from the employer's retribution by federal law wrap account what is.
- Definition Walk Away:
- Examples To take and maintain a position in a stock after going to the floor to consummate a trade. Antithesis of trade me out, buy them back wrap account meaning.
- Definition Withholding:
- Examples of securities, the illegal practice of a public offering participant keeping some shares in a private account or with a family member, employee, or dealer to profit from the higher market price of a wrap account abbreviation.