That of the independent, self-directed traderwho manages their own trading account and diligently monitors and rebalances their portfolio as needed.
That of the trusting investorwho relies on a professional to invest for them, and who meets with them quarterly to discover the state of their own financial health.
But what if your inclinations fall somewhere in between?
With Account Partitions, you allocate cash and/or positions from your current IB account into a newly created "partition" which is then managed by the professional Advisor or Broker of your choice. While this partition is traded by a professional, as the primary account holder you can log into your TWS account at any time to monitor the performance of the partition, see all of its positions, check account activity, and review margin and available balances - just as you currently do with your account. Additionally, all activity in the partition is labeled and reflected in your monthly statements, and you retain the ability to trade the non-partitioned segment of your account.
To get started, you first need to find a professional broker or advisor to manage your partition. You can do this easily from within the Mosaic interface in TWS. From the Account menu, select Create a Partition with an Advisor. This brings you directly into the Investors' Marketplace where you can search our database of hundreds of Advisors and Brokers to find the one whose services and credentials are right for you. When you do, link your account to theirs as an Account Partition.
Your new partition will be open and ready for you to transfer in funds and/or positions by 6:00 pm the same business day (or 6:00 pm the following business day if your request was made after 4:00 pm). Use the Fund Transfers and/or Position Transfers function in Account Management to fund the partition. Once the partition is funded, your part is complete. Let the professional do the rest, and check in on their activity and performance any time you want.
For detailed instructions and to find out more, see the Account Management Users' Guide.