Brokerage accounts clear through LPL Financial. They allow you to buy many different types of products (e.g. stocks, bonds, mutual funds) and keep them all organized in one account. Brokerage accounts have very small minimum value and they can be set up for the following types of accounts:
- Individual
- Joint
- Individual TOD
- Joint TOD
- IRA
- Roth IRA
- SEP IRA
- Simple IRA
- Beneficiary IRA
- Guardian IRA
- Guardian Roth IRA
- Education Savings
- Trust
- Estate
- Corporation
- Non-Corporate
- Partnership