What types of accounts does Nicollet work with?
We are able to manage any investment account where you have investment discretion. For individuals and families this includes taxable brokerage/bank accounts, IRAs, trust accounts, business accounts, children’s accounts, and 401(k) plans that include the personal choice investment option. For businesses, Nicollet can help manage general business accounts, 401(k) accounts, profit sharing plans, and we have strategies designed for tax-efficient management of deferred compensation plans. There are certain accounts we cannot manage. Examples are your 401(k) accounts when your plan does not offer the personal choice investment option, 529(b) plans for education saving, 403(b) plans, and similar retirement plans. As your investment manager, we will help you with your investment elections in those accounts we cannot manage. We do not separately bill for this assistance, but consider this as a service to our clients.
