A Word of Caution for RMDs
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Account Adminstration | Breach | Client Updates | Custodians | Dual Authentication | Equifax | Fidelity | Fraud | Pandora's Box | Password | Processes | Questions | Restrictions | Schwab | Security | TD Ameritrade
Pandora’s Question
An Advisor of ours posed the question, “In light of the Equifax issues, have we experienced any problems with opening new brokerage accounts?” My immediate response would have been, “Negative” just because I hadn’t been having any problems with accounts. But to be certain that the accounts I have been working on were not the…
That’s a Wrap! – Schwab’s Transition that is!
As September comes to an end, we are busy wrapping up the loose ends from the recent TD – Schwab transition. Overall, we felt the transition went very smoothly. Most of the issues we saw were fairly isolated or things we anticipated. Service team hold times are returning to normal as the new service team members that transitioned from TD seem to be gaining confidence and familiarity with the processes.
Are Your Client’s Accounts Up-To-Date?
Imagine getting a call that one of your clients has passed away and during the process of going through their accounts to distribute monies, transfer accounts and setup beneficiary IRAs, it’s discovered that the beneficiary listed on the account passed some time ago. Or that the beneficiary field was left blank or worse, the beneficiary was never changed after a divorce. Can you imagine how distraught the ‘would be’ beneficiary would feel?
Account Adminstration | Back Office Support | Beneficiaries | Business | Client Updates | History | Practice Management | Processes | Technology | Thinking Outside The box | Total Office | Value-added | Virtual Assistant
Have Your Heard What’s New?
With everyone thinking of fresh and new, now is a good time to send out a call for updates from clients on what has changed in the past year. From our experience, clients often make changes and forget to send those changes to advisors for updating. Things such as: Beneficiary updates Email, phone and address…
The Importance of Keeping Clients Records Up To Date
Imagine getting a call that one of your client’s has passed away and during the process of going through their accounts to distribute monies, transfer accounts and setup beneficiary IRA’s, it’s discovered that the beneficiary listed on the account passed some time ago. Or that the beneficiary field was left blank or worse, the beneficiary…
2024 Cloud Storage and File Sharing Platforms Review
It’s been three years since our last review on cloud storage and file sharing platforms. With so many updates and platforms to choose from, we knew it was time for another review of the most common cloud storage and file sharing platforms that we work with every day. For those that are searching for a…