PortfolioCenter 5.5 brought us the enhanced name and address file from Schwab, allowing client details (e.g. address, email, phone number, etc) to flow more easily from Schwab into PortfolioCenter. It also brought us updates to the Account Type field in the form of codes. Confused about what the codes stand for? Here’s the list.
[table]| Code | Account Type Definition |
| BRO | Brokerage |
| ATBE | All Tenants by Entirety |
| BMP | Basic Money Purchase |
| BPS | Basic Profit Sharing |
| B7 | 403(b)(7) |
| CH | Custodial Roth Contributory IRA |
| CHNPR | Charity Non-Profit |
| CHPR | Charity for Profit |
| CMP | Custom Money Purchase |
| CO | Contributory IRA |
| COMB | Combination |
| CONS | Conservatorship |
| CORP | Corporate |
| CP | Community Property |
| CPS | Custom Profit Sharing |
| CPWDB | Community Property DBENE WROS |
| CPWRS | Community Property WROS |
| CRA | Company Retirement Account |
| CS | Custodial IRA |
| CU | Custodial |
| CV | Custodial Roth Conversion IRA |
| DASCG | Charity Account (Donor Advised Account) |
| DASPI | Charity Account with Income |
| DASPL | Charity Account (Schwab Private Label) |
| DBA | Doing Business As |
| DBIN | Designated Beneficiary IN |
| DBJT | Designated Beneficiary JT |
| DSCR | Discretionary Master |
| DUMY | None |
| ED | Education Savings |
| ESMAS | Executive Services Master |
| EST | Estate |
| FEE | Fee Account |
| FG | Fiduciary Trust |
| FI | Fiduciary |
| FR | Frozen Keogh |
| GU | Guardianship |
| HO | Holding |
| HOLD | Holding |
| IC | Investment Club |
| IH | Inherited |
| IHCU | Inherited Custodial |
| IHIR | Inherited IRA |
| IHIRA | Inherited IRA from IRA |
| IHIRH | Inherited Roth IRA from IRA |
| IHKE | Inherited Keogh |
| IHKEO | Inherited Keogh |
| IHNSI | Inherited IRA from Qualified Plan |
| IHNSR | Inherited Roth IRA from Qualified Plan |
| IMMAS | Investment Manager Master |
| IMP | Inherited Money Purchase QRP |
| IMPK | Inherited Money Purchase Keogh |
| IN | Individual |
| INBRO | Institutional Brokerage |
| INH | Inherited |
| IPS | Inherited Profit Sharing QRP |
| IPSK | Inherited Profit Sharing Keogh |
| I401K | Individual 401(k) |
| JT | Joint Tenant |
| LFTEN | Life Tenancy |
| LLC | Limit Liability Company |
| LT | Living Trust |
| MC | Minor Contributory |
| MI | Minor Inherited |
| MIIRA | Minor Inherited IRA From IRA |
| MIIRH | Minor Inherited Roth IRA from IRA |
| MIKEO | Minor Inherited Keogh |
| MINSI | Minor Inherited IRA from Qualified Plan |
| MINSR | Minor Inherited Roth IRA from QP |
| MP | Money Purchase Keogh |
| MPH | Money Purchase Holding QRP |
| MPHK | Money Purchase Holding Keogh |
| NDSCR | Non-Discretionary Master |
| NI | Non-Incorporated Association |
| NVP | Non-vested Participant |
| OMNI | Omnibus |
| PA | Partnership |
| PAIR | Combination Keogh |
| PAMAS | Pension Administrator Master |
| PART | Participant QRP/Keogh |
| PCRAC | PCRA Custodial |
| PCRAT | PCRA Trust |
| PS | Profit Sharing Keogh |
| PSH | Profit Sharing Holding QRP |
| PSHK | Profit Sharing Holding Keogh |
| PT | Pension Trust |
| RH | Roth Contributory IRA |
| RO | Rollover IRA |
| RPMAS | Retirement Plan Services Master |
| RPSCP | RPS Custodial Plan |
| RPSTP | RPS Trust Plan |
| RV | Roth Conversion IRA |
| SAR | SARSEP |
| SEP | Simplified Employee Plan |
| SIMPL | Simple IRA |
| SMMAS | Simple IRA Plan |
| SP | Sole Proprietorship |
| TC | Tenants in Common |
| TT | Testamentary Trust |
| USUF | Usufructory |