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Get to know an increasingly popular player in today’s wealth management space: the securities-based line of credit. Securities-based lines of credit, or SBLOCs, enable people to borrow against their non-retirement assets rather than cashing out when they need liquidity. SBLOCs have experienced growing popularity in recent years, as more independent advisors incorporate them into their practice1. Their increased use highlights the need clients have to access liquidity without selling their investments—and without incurring the real and opportunity costs of selling.
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