Separate Account
Definition of 'Separate Account'1. A privately managed investment account opened through a brokerage or financial advisor that uses pooled money to buy individual assets.2. In the context of variable annuities, these are payments made to an insurance company for the purpose of investing in securities. These securities are kept separate from the insurer's general investments. |
|
Investopedia explains 'Separate Account'1. This differs from a mutual fund because the investor directly owns the securities instead of owning a share in a pool of securities. Most separate accounts require a minimum investment of $100,000 or more. |
Related Definitions
Articles Of Interest
-
Introduction To Multi-Discipline Accounts
You get multiple managers, affordable diversification, customization and consolidated reporting all under one roof. -
Separately Managed Accounts: A Mutual Fund Alternative
It takes a hefty minimum investment to get in in on an SMA, but these offer some distinct advantages. -
Separately Managed Accounts: A Boon For All
We provide an explanation of individual cost basis and the advantages it brings to these accounts. -
That's A (Mutual Fund) Wrap!
These advisory programs offer professional supervision and other handy tools for building a diversified portfolio. -
Understanding The Mutual Fund Style Box
Evaluate your investments with this simple tool. -
Women: Invest In Your Financial Literacy
Learning about money may seem intimidating, but it's not as hard as it looks. -
How To Buy Annuities (And When Not To)
Annuities are complicated products that require some basic homework to be done before requesting quotes. Retirees will want to think about how they envisage their lifestyle and even their potential ... -
4 Behavioral Biases And How To Avoid Them
Here are four common common behavioral biases for traders and how to minimize their effects on your portoflio. -
Mutual Fund Ratings: Crucial or Insignificant?
Mutual fund ratings can help investors, but they have their drawbacks as well. -
Multi-Asset Funds Or Your Own Mix?
The underlying concept of mixed funds is very appealing. Discover if you're better off with professional management or creating a mixed fund of your own.
Free Annual Reports