BB&T Securities provides investment advice on a broad array of stocks, bonds, money markets, municipal bonds and annuities.Though their Spectrum Investment Program, BB&T assists clients in the selection of independent investment advisors to manage their assets. In this capacity, the firm does not provide investment advice regarding securities in the construction of an investment portfolio. The Spectrum Investment Program is offered as a wrap-fee program.Through their CHOICE Wrap Portfolios, BB&T provides investment advisory services to client accounts on a discretionary basis using one or more of 6 portfolios managed by Sterling Capital Management, a subsidiary of BB&T Corp. The 6 portfolios include the: Equity Income Portfolio, Leaders Portfolio, Special Opportunities Portfolio, SMID Portfolio, Insight Portfolio and/or Enhanced Equity Portfolio. The Equity Income Portfolio is a larger-cap portfolio focused on increasing dividend payouts; the Special Opportunities Portfolio is multi-cap, multi-style product focused on stock selection; the Enhanced Equity Portfolio is a portfolio that manages risk through the use of covered call writing; the SMID Portfolio concentrates on small- and mid-cap stocks; the Insight Portfolio focuses on corporate insiders’ stock purchasing activity or existing ownership based on SEC filings; and the Leaders Portfolio primarily consists of larger-cap equities that are seen as industry leaders.BB&T's Unified Managed Account Program is a discretionary account which incorporates various investment products including: manager model portfolios, separate account managers, mutual funds and ETFs. In this program, the client retains the ability to select one or more manager models and/or separate account managers who will manage their discretionary account. Where models, mutual funds, and/or ETFs have been selected, BB&T maintains trading authority and discretion. Where managers are selected, the manager maintains trading authority and discretion.