Cycles
There are three options available.
*Subject to account type
What are the Billing Cycles?
This product can only be networked to either SAM or SWM accounts.
What are Fee Based Variable Annuities?
Advisory Operations applies a fee for commissions earned from the client.
What is a Source of Funds Credit?
Include the months:
February, May, August, and November
Eligible Accounts Include:
SAM, SWM and OMP
What is Billing Cycle 2?
Manager Select's Initial Billing
What is Arrears Billing?
Fee that the advisor is paid out.
What is the advisor fee?
Account types limited to Cycle 3
What are MWP, GWP, MS and PWP Accounts?
0.35% is the program rate for these accounts.
What are GWP accounts?
Form needed to increase an Advisory fee.
What is the F1CA?
Account can only change billing cycles once every 12 months.
What is a SAM Account?
When an account transitions from Cycle 1 to Cycle 2 due to a billing policy change, this type of adjustment is required to avoid double billing.
What is a cycle transition credit or offset?
Type of fee that can be decreased in Clientworks without a form.
What is an Advisory Fee?
To assist an advisor in getting their billing cycle changed this action is necessary.
What is case routing to Advisory Billing Ops - Cycle Changes?
This scenario occurs when an account is mistakenly billed under two cycles simultaneously, requiring a reconciliation and refund.
What is a dual-cycle billing error?
Form used to request advisory fee credits 7 reversals.
What is Form RE-F470/RE-FE470-R?