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An excellent first step in establishing your relationship with Centennial Securities setting up an asset-management account. The Advantage Account includes:
- A choice of professionally managed money-market fund portfolios.
- Automatic reinvestment of interest, dividends, and other cash balances into the money-market portfolio you select.
- A comprehensive account statement for your cash and/or securities.
- Convenient check writing and ATM access.
- Overdraft Protection and a Private Credit Line based on the value of your marginable securities, which allows you to borrow (at rates usually lower than those available from banks) by simply writing a check or using your ATM card.
- Direct Deposit—Automatic deposit of your paycheck (or government checks like Social Security) into your account via electronic funds transfer.
- Automatic Payment feature - Monthly debits for payments like mortgages, insurance drafts, car payments, and mutual-fund investments.
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