Define: Portfolio Account

How is Portfolio Account defined in a legal contract?

• Portfolio Account means an account created to hold free equity that's available to be invested into a strategy. Seen in 6 SEC filings.
• Portfolio Account means an account that reflects the presence of financial products and krugerrands, held by you through an investing account. Seen in 4 SEC filings.
• Portfolio Account means segregated client accounts maintained for the purpose of managing and overseeing the assets within a portfolio. Seen in 4 SEC filings.
• Portfolio Account means a ledger account within an overall account, maintained for recording the balances of securities which are considered as assets. Seen in 1 SEC filing.
• Portfolio Account means a statement of account maintained by a bank in the name of the customer. This account outlines the interests and entitlements of the customer in relation to assets which are subject to investment according to the terms of an agreement. Seen in 1 SEC filing.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of portfolio account' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Portfolio Account means a maintained account holding investible assets, serving the purpose of management and record keeping.

Relevant Contract Types

• Investment Management Agreement
• Financial Advisory Agreement
• Asset Management Agreement

Relevant Circumstances

• When a client entrusts assets to a company for investment purposes.
• During the establishment of an investment strategy.
• When a client and their financial advisory firm are establishing account parameters.

Relevant Sectors

• Finance
• Investment Banking
• Wealth Management

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Genie Definition 2

Portfolio Account means a financial statement provided by a bank, detailing customer's interests and entitlements related to their investments.

Relevant Contract Types

• Banking Agreement
• Account Maintenance Agreement
• Investment Services Agreement

Relevant Circumstances

• When establishing a new banking account.
• During the presentation of a client’s statement of accounts.
• In detailing customer interests and entitlements in an agreement.

Relevant Sectors

• Banking
• Financial Services
• Investment Services

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