As an extension of our commitment to educating women, each month First Union is featuring interviews with top female executives who share their insights and perspectives on issues surrounding Women and Money. This month's featured executive is Monica Powell, Senior Vice President and Managing Director of First Union s Retail Investment Group. I am Senior Vice President and Managing Director of First Union's Retail Investment Group.
Asset management accounts combine clients' banking and investment activity into one account.
Our asset management accounts are called CAP accounts. One of the things I like best about my CAP account is that all of my banking and investment activity is shown on one convenient statement each month. Please describe what that entails, and the types of investments you are comfortable making. I have a Financial Advisor at First Union Securities, Inc. whom I meet with on a regular basis. The advisor helps set my overall investment strategy and provides sound advice and direction.