Free Version

Dashboard
Review Topics
Quizzes
Practice Exams
Flashcards
Vocabulary
Play hard to get with the sexy test answers. We know what we're talking about. Just ask Robeefalette.

Ways In Which Accounts Can Be Held

Dashboard > Client Investment Recommendations and Strategies > Ways In Which Accounts Can Be Held

Ways In Which Accounts Can Be Held

Types of Ownership                    Maximum Number of Owners   Salient Features
IndividualOneOnly one owner; Broker can only accept instructions from the owner OR somebody who has valid power of attorney
JointUnlimitedBroker must accept instructions from ANY owner; Upon death of one owner, account is redistributed equally to remaining owners
Tenants-in-CommonUnlimitedSame as with Joint Account, except that each owner can designate where his/her share of the account goes upon...

Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!

$65.65
Next: How Not To (Financially) Screw Your Clients
Prev: UGMA and UTMA

*Securities is a registered trademark of the College Board, which was not involved in the production of, and does not endorse this product.