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Are investment accounts discretionary managed?
Are investment accounts discretionary managed?
Brandon avatar
Written by Brandon
Updated over a week ago

Moneybox investment accounts are not discretionary managed, but rather are self-directed investment accounts. This means that you have complete control over your investments, and when you invest, how much you invest, and in what allocation percentage, albeit limited to the funds to which we currently provide access (so there's no advisory relationship or broker arrangement involved).

If your employer requires confirmation of this from us please get in touch with our Support team either via the in-app chat, or by emailing support@moneyboxapp.com and we can provide a letter that confirms the nature of your account.

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