These held-away assets are often your largest holdings, yet end up in multiple accounts across multiple platforms, where they may be overlooked and under-attended. This puts them at risk for falling short of their highest potential. We hate it when that happens to people’s money.
What is a held away account?
Held Away Account means a Registered User’s account with a financial institution or other third party other than Bank of America that is linked to the Hosted Service or SDK Service.
Are held away accounts a good idea?
While that’s not necessarily the worst thing in the world, there are overwhelming benefits for you and your clients when it comes to incorporating these held away accounts. When considering the benefits of including held away accounts, there is no shortage of upside for your clients.
