Self-Directed Brokerage Accounts
A SDBA, or Self-Directed Brokerage Account, is a window inside a company-sponsored retirement plan (401(k), 403(b), 457, etc.) which offers plan participants the option to invest in more than the limited pre-selected company choices. Now your clients can gain access to professional money management, additional investment options like stocks, bonds, mutual funds, ETFs, etc., and the HCM-BuyLine® allows investors to seek growth through guidance. By investing in additional options outside of the core choices, investors can strive to maximize returns through investments better suited to their goals and risk preference.
Below, you will find the differences between a basic company plan, a basic SDBA, and an SDBA managed by Howard Capital Management, Inc. While these are common examples of services offered, an individual's plan may differ from below.