Account Types
Each account is classified as an asset or a liability. This setting determines how the account affects your net worth.
- Investment accounts include brokerage, retirement, and managed portfolios
- Banking accounts include checking, savings, and other cash or loan accounts
Balance sheet categories
- Business
- Credit cards
- Private Investments
- Loans
- Real estate
- Retirement
- Trust
The balance sheet category defines the primary type of account. This is the main way accounts are grouped across the platform. Other common balance sheet categories include:
These categories are used for totals, reporting, and organization throughout Wealth Access.
All Account Articles
Account Types
Each account is classified as an asset or a liability. This setting determines how the account affects your net worth.
Investment Accounts
Accounts that hold assets like stocks, bonds, funds, or other securities that you invest through a financial institution.
Banking Accounts
Accounts used for everyday cash management, deposits, or loans held at a financial institution.