Self-Directed Brokerage Account Sample Clauses
Self-Directed Brokerage Account. 5.4.1 A self -directed brokerage (“SDB”) account shall be made available to Participants, provided Plan Sponsor executes all required Empower and SDB provider documents. Plan Sponsor acknowledges that the SDB shall be administered in accordance with procedures provided by Empower, and that the core investment minimum shall be $2,500 the initial transfer minimum shall be $500, and the subsequent transfer minimum shall be $1, as described in the SDB policies and procedures.
Self-Directed Brokerage Account. If this account is a self-directed brokerage account, you make and place any trades within the account on your own, either online or, for an additional fee, by phone through the Wealth Management Advisory Service Center. U.S. Bancorp Investments will act as broker for purposes of buying and selling securities based on client’s orders and instructions.