American Portfolios Financial Services Inc. Account Type

　　American Portfolios Financial Services Inc. (APFS) offers two main types of accounts for investors: Brokerage Accounts and Investment Advisory Accounts.

Brokerage Accounts

• Brokerage Services: APFS provides investment recommendations based on your investment objectives, risk tolerance, and time horizon. You will be responsible for making the final investment decisions.
• Account Minimums: APFS does not require a minimum account balance.
• Investment Options: You can trade various securities, including stocks, bonds, mutual funds, exchange-traded funds (ETFs), and more.
• Fees: You will incur transaction fees (commissions, loads, or markups) when buying or selling investments. Additional custodian charges may apply.
• Account Monitoring: You are responsible for monitoring the performance of your investments.

　　

Investment Advisory Accounts

• Advisory Services: APFS offers discretionary and non-discretionary advisory services. In discretionary accounts, the advisor can make investment decisions on your behalf.
• Account Management: Your investment advisor will regularly monitor your account and provide reviews at least annually.
• Fees: Advisory fees are typically charged as a percentage of assets under management and may vary based on the services selected.

　　

American Portfolios Financial Services Inc. Broker Account Opening Process

• Select a Broker: Choose American Portfolios Financial Services Inc. as your brokerage firm.
• Complete the Application: Fill out the new account application form, providing personal information such as your name, address, social security number, and financial details.
• Review the Agreement: Carefully review the new account agreement to understand your rights and the terms associated with the account.
• Funding Your Account: Once the account is opened, fund it through electronic transfer, check, or other methods. The minimum initial deposit is flexible, as APFS does not have a strict minimum requirement.
• Investment Decisions: After funding, you can start making investment decisions or consult with your investment professional for recommendations.

　　For more detailed information, you can visit American Portfolios Financial Services Inc..