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Brokerage accounts
Brokerage accounts allow you to invest in a wider array of securities products, including:
Mutual funds.
Stocks.
Bonds.
Exchange-traded funds.

A brokerage account may appeal to investors who want to:
Invest in individual securities, like stocks and bonds.
Consolidate mutual funds held with multiple mutual fund families.
Consolidate different types of investments within one account.
Have a comprehensive asset management account that combines your brokerage, check-writing, money market fund and Visa debit card activity into one package and reported to you on a single consolidated statement.
Brokerage accounts are established through Pershing, LLC, a subsidiary of BNY Mellon.
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