discretionary account

简明释义

授权帐户 ［美国证券］

英英释义

例句

1.Before setting up a discretionary account, make sure you understand the fees involved.

在设置自主账户之前，请确保您了解相关费用。

2.The financial advisor recommended that I open a discretionary account to manage my investments more effectively.

财务顾问建议我开设一个自主账户以更有效地管理我的投资。

3.I trust my investment manager, so I decided to give them a discretionary account for better portfolio management.

我信任我的投资经理，所以我决定给他们一个自主账户以更好地管理我的投资组合。

4.Opening a discretionary account can be beneficial for those who prefer a hands-off approach to investing.

开设一个自主账户对于那些喜欢不参与投资的人来说是有益的。

5.With a discretionary account, the broker can make trades on my behalf without needing to consult me first.

通过自主账户，经纪人可以在不需要事先咨询我的情况下代表我进行交易。

作文

In the world of finance and investing, understanding different types of accounts is crucial for both novice and experienced investors. One such account type that often comes into play is the discretionary account. A discretionary account is an investment account where the broker or financial advisor has the authority to make investment decisions on behalf of the client without needing to consult them for each transaction. This arrangement can be highly beneficial for individuals who may not have the time, expertise, or interest to manage their investments actively. The primary advantage of a discretionary account is that it allows for a more streamlined investing process. Investors can benefit from the expertise of their financial advisors, who can react quickly to market changes and opportunities without waiting for the client's approval. For instance, if a sudden market downturn occurs, a broker managing a discretionary account can swiftly move assets to safer investments, potentially protecting the client's portfolio from significant losses. This proactive approach can lead to better overall performance compared to non-discretionary accounts, where every decision must be approved by the investor.However, with this convenience comes a level of trust and responsibility. Investors must choose their financial advisors carefully, as they are essentially handing over control of their investments. It is crucial to ensure that the advisor has a solid track record, aligns with the investor's risk tolerance, and understands their financial goals. Mismanagement or poor investment choices by the advisor can lead to substantial losses, which is why due diligence is essential when selecting someone to manage a discretionary account.Moreover, investors should maintain open communication with their advisors. While the advisor has the discretion to make decisions, regular updates and discussions about the investment strategy can help ensure that the account remains aligned with the investor's objectives. This collaboration can also provide peace of mind, knowing that the investments are being managed by a professional while still having a grasp on the overall strategy.Another key aspect of discretionary accounts is the fee structure. Typically, these accounts may have higher fees than non-discretionary accounts due to the active management involved. Investors should be aware of these costs and evaluate whether the potential benefits of having a professional manage their portfolio outweigh the additional expenses. Understanding the fee structure is vital, as it can impact overall returns.In conclusion, a discretionary account can be an excellent option for investors seeking professional management of their investments. By allowing a broker or financial advisor to make decisions on their behalf, investors can take advantage of market opportunities and potentially enhance their portfolio's performance. However, it is imperative to choose a qualified advisor, maintain communication, and understand the associated fees. With the right approach, a discretionary account can serve as a powerful tool in achieving long-term financial goals.

在金融和投资的世界中，了解不同类型的账户对新手和经验丰富的投资者都至关重要。其中一种常见的账户类型是自由裁量账户。自由裁量账户是一种投资账户，在这种账户中，经纪人或财务顾问有权在不需要咨询客户的情况下代表客户做出投资决策。这种安排对于那些可能没有时间、专业知识或兴趣来积极管理其投资的个人来说，具有很大的好处。自由裁量账户的主要优势在于，它允许更简化的投资过程。投资者可以受益于财务顾问的专业知识，顾问可以迅速对市场变化和机会作出反应，而无需等待客户的批准。例如，如果突然发生市场下跌，管理自由裁量账户的经纪人可以迅速将资产转移到更安全的投资中，从而可能保护客户的投资组合免受重大损失。这种主动的方法可以导致整体表现优于非自由裁量账户，因为在非自由裁量账户中，每个决策都必须得到投资者的批准。然而，这种便利性伴随着信任和责任的程度。投资者必须仔细选择他们的财务顾问，因为他们实际上是在将投资控制权交给他。确保顾问有良好的业绩记录，与投资者的风险承受能力一致，并理解他们的财务目标是至关重要的。顾问的管理不善或投资选择不当可能会导致重大损失，这就是为什么在选择管理自由裁量账户的人时进行尽职调查至关重要。此外，投资者应与顾问保持开放的沟通。虽然顾问有权做出决策，但定期更新和讨论投资策略可以帮助确保账户始终与投资者的目标保持一致。这种合作也可以提供安心，知道投资正在由专业人士管理，同时仍然了解整体策略。自由裁量账户的另一个关键方面是费用结构。通常，这些账户的费用可能高于非自由裁量账户，因为涉及主动管理。投资者应意识到这些成本，并评估专业管理其投资组合的潜在好处是否超过额外的费用。了解费用结构至关重要，因为它会影响整体回报。总之，自由裁量账户可以成为寻求专业管理投资的投资者的优秀选择。通过允许经纪人或财务顾问代表他们做出决定，投资者可以利用市场机会，并可能增强其投资组合的表现。然而，选择合格的顾问、保持沟通和理解相关费用是至关重要的。采取正确的方法，自由裁量账户可以成为实现长期财务目标的强大工具。