investment account that is managed by an investment advisor who makes the
choice about what investments will be made. The account holder pays a
management fee, which is usually based on a percentage of assets managed.
"managed account." YourDictionary, n.d. Web. 08 December 2018. <https://www.yourdictionary.com/managed-account>.
managed account. (n.d.). Retrieved December 08th, 2018, from https://www.yourdictionary.com/managed-account
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