| http://www.w3.org/ns/prov#value | - A wrap account is a professionally managed investment plan in which all expenses, including brokerage commissions, management fees, and administrative costs, are wrapped into a single annual charge, usually amounting to 2% to 3% of the value of the assets in the account.Wrap accounts combine the services of a professional money manager, who chooses a personalized portfolio of stocks, bonds, mutual
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