View the entire Frequently Asked Questions (FAQs)

Why is a brokerage account created when my QuietGrowth account is created?

When we create a QuietGrowth account for you, a brokerage account in your name is also created. This is because your securities and your cash are held in this brokerage account. We need an execution and clearing broker to execute the buy and sell trades of your securities in QuietGrowth portfolios.

We provide you the QuietGrowth service through the Managed Discretionary Account (MDA) structure. For more information, refer: MDA Structure

For more information, read the answers to the following questions:

•   Where are my securities held?

•   Where is my money held?

•   What are the advantages of Managed Discretionary Account (MDA) structure through which you offer your service?