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IDPS meaning in Business ?

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Answer: What is Investor Directed Portfolio Service mean?

A wrap account (also known as wrap service or tax wrapper) is a means of consolidating and managing an investor's investment portfolio and financial plans. Wrap fee services are offered by many financial institutions. Often wrap services are offered for a fee or a series of charges. These charges cover all administrative and management costs. This type of service is also sometimes known as an investment platform or financial platform service.

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