This setting allows you restrict trading activity in the account, placing the account on "hold" and preventing a rebalance.

The following options are available: 

• Selected. This account is considered on hold. You can run a rebalance on the account or the group in which the account is a member, but you won't get buy or sell recommendations.

  Assigned model targets will remain the same as if the account wasn't on hold or, if the account is an underlying account in a group, will behave the same way as Hold Do Not Trade.

  It will be possible to make trades in an account placed on hold, but these require a custom strategy and approval. It will not be possible to place directed trades in the account.

• Cleared. This account is not on hold and may trade, though will respect other account settings, such as security restrictions.

Restricting Securities in Percentage Ownership Accounts

If you have percentage ownership accounts, the Restrict All Securities restriction will be automatically selected here.

Learn More

For more information on changing account settings in individual accounts, see Make Changes to Account Settings.