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Re: umbrella account
In futures many brokers refer to this as a block account. I use it daily for my accounts. No need to try to place trades in multiple accounts.
If this interests you for futures, Open ECry actually has a really, really nice block account structure. You can set everything up yourself and make changes easily. Right now, while at Mirus (need to get funds moved!) I have to email them whenever I want to make changes and then watch the statements closely to make sure it was allocated properly. And until I demo'd OEC's block allocation software, I just assumed they were all like that as that's what I did when I was trading @ Alaron as well.
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