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If Tarheel Advisors does not hold my assets, how does it manage my account?

April 26, 2017advisors assets hold manage my account tarheel

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If Tarheel Advisors does not hold my assets, how does it manage my account?

1 Answer

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Good question. When your account is established, one of the documents you sign gives Tarheel Advisors a limited power of attorney on your account. This authority allows us to initiate trades among securities within your account, and if you prefer, can also extend to check requests and journal entries on your behalf.