Recently joined ACN as an MD. Anyone at Accenture's MD program can share whether the "vested" shares that you get from VEIP/ sign on process, are they marginable like the ones that you get from a regular brokerage account? E.g., I think they are managed via UBS, can you borrow against them either for cash or buy more ACN stocks. Thanks!

likefunny
Posting as :
works at
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Not a direct answer but why would you hold onto a rapidly depreciating stock.

We are discussing the ACN stock as a relevant topic here: https://joinfishbowl.com/post_vsggryiipi

like

Well it is easy to look at the external price in retrospect but now it is a good time to come in since the awards are all dollar basis. The award + the matching is a pretty good deal right now.

I mean, OP just signed on so he must be a true believer - or a fool. Either way, the question from that perspective makes sense.

like

Why would you want all your eggs in one basket? It’s the same argument as with tech people who keep a large part of their net worth in vested RSU’s. Treat the shares as any other investment in your portfolio. If you wouldn’t have a stock be more than 5-10% of your portfolio then keep to that with your ACN shares.

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