Measured will execute a control agreement with you and your advisor that enables Measured to have a security interest in the assets that are in the account you are pledging. The control agreement, once executed, will restrict your account and can limit the ability to transfer or sell securities without our consent. All of your assets stay at your current brokerage and with your advisor. The control agreement also gives Measured the right to be notified of any change to the account. Once your loan is paid off and you no longer need liquidity, Measured will close your loan account and release the collateral restriction by removing the control agreement.
Collateral Account
Updated over 2 months ago