AAPL 214.0 0.2389% MSFT 388.7 0.036% NVDA 119.53 -1.7589% GOOGL 164.29 -0.7251% GOOG 166.57 -0.6264% AMZN 195.74 -1.1164% META 604.9 -0.4444% AVGO 194.5 -0.5319% LLY 824.76 1.3866% TSLA 238.01 -4.7884% TSM 176.24 1.235% V 334.55 0.8288% JPM 233.93 0.641% UNH 499.02 2.1222% NVO 80.15 3.8885% WMT 87.46 2.4722% LVMUY 133.7 1.1576% XOM 113.76 1.6622% LVMHF 671.5 1.3279% MA 531.99 0.8244%
AAPL 214.0 0.2389% MSFT 388.7 0.036% NVDA 119.53 -1.7589% GOOGL 164.29 -0.7251% GOOG 166.57 -0.6264% AMZN 195.74 -1.1164% META 604.9 -0.4444% AVGO 194.5 -0.5319% LLY 824.76 1.3866% TSLA 238.01 -4.7884% TSM 176.24 1.235% V 334.55 0.8288% JPM 233.93 0.641% UNH 499.02 2.1222% NVO 80.15 3.8885% WMT 87.46 2.4722% LVMUY 133.7 1.1576% XOM 113.76 1.6622% LVMHF 671.5 1.3279% MA 531.99 0.8244%

Discretionary Account

Updated on August 29, 2023

An account which enables an authorized broker to sell and buy securities without the permission of client for every trade is referred to as discretionary account. In other words, it is defined as an agreement in which customer gives complete or limited authority to a broker to sell and buy securities without prior approval of the customer. However, it is worth pointing out that this account does not allow brokers to make the trade in their best interests, rather decisions made need to be consistent with the client’s objectives.