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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 with the QuietGrowth service through the Managed Discretionary Account (MDA) structure. For more information, refer to our MDA Structure page.

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