Investments
An investment that represents a share of ownership in a corporation.
What is a Stock?
What are the two main types of trusts?
What are Revocable and Irrevocable?
An account at a brokerage, bank, company, or anywhere that a single person is responsible for debits and credits thereto.
What is an Individual Account?
Who is our CEO & President?
Who is Matt Fleissig and Kelly Maregni
Used when a physical check must be cut from the custodian.
What is a Check Request?
What team should you contact via the Service Desk if you need a new portfolio created in Arrow?
Who is the Reporting Team
A debt security issued by a company, municipality, government, or government agency.
What is a Bond?
The individual responsible for administering the trust, managing the assets, and distributing income and/or principal to the terms of the trust.
Who is the Trustee?
An account used to fund education expenses where growth is tax-deferred and withdrawals for qualified education expenses are tax-free.
What are the three main client types Pathstone services
Who are Individuals & Families, Family Offices, and Institutions
An electronic money transfer across a network of banks or transfer agencies across the world.
What is a Wire Transfer?
This team is your go-to resource for questions regarding custodian paperwork
Who is Capital Markets
An investment vehicle that offers investors professional money management and diversification by pooling a portfolio of securities together.
What is a Mutual Fund?
The primary person who will benefit from the trust, usually family and loved ones, but can be a charity.
Who is the Primary Beneficiary?
An account to which you contribute after-tax dollars. While there are no current-year tax benefits, your contributions and earnings can grow tax-free, and you can withdraw them tax- and penalty-free after age 59½ and once the account has been open for five years.
What is a Roth IRA
DAILY DOUBLE!!!!!!!!!!!!!!!
According to the Pathstone website, what are the firm’s total assets under management, advisement, and administration?
What is $185B+
Transfers within the same custodial platform (example- you can transfer $50,000 from a Fidelity cash account to a Fidelity brokerage account this way).
What is a Journal Transfer?
What team can you turn to if you have a questions regarding a specific investment?
Who is Investment Research
An investment in a business that is not listed on a stock exchange. The source of capital is from either a pool of individual investors or investment funds, which either make investments in private companies or buys them out.
What is Private Equity (PE)
The beneficiaries whose interest vests after the primary beneficiary dies or their interest terminates for another reason.
Who is the Contingent Beneficiary?
An account that allows individuals to direct pre-tax income toward investments that can grow tax-deferred. The IRS assesses no capital gains or dividend income taxes until the beneficiary makes a withdrawal
What is a Traditional IRA
Name our 5 distinctive characters.
What is: Foresight, empathy, resourcefulness, accompaniment, and performance.
Used when a client is moving assets (securities & cash) from one Custodian to another
What is a Transfer of Assets?
Who should you contact with questions or client information updates related to a Pathstone private investments?
Who is Fund Admin
An investment fund whose shares are traded intraday on a stock exchange at market-determined prices.
ETF / Exchange-Traded Fund.
Who is appointed to carry out a deceased person's wishes specified in their will. They manage and protect the estate's financial assets including distributing assets and paying off outstanding debt/expenses?
Who is an executor?
A legal ownership structure involving two or more parties for any type of financial account or another asset. Each tenant has an equal right to the account's assets and is afforded survivorship rights if one of the account holder(s) dies.
What is Joint With Rights of Survivorship / JWROS?
Who are two of the Founders of Pathstone?
Who is Steve Braverman and Allan Zachariah
The act of collecting funds from a limited partner whenever the need arises.
What is a Capital Call?
Which team can you leverage when a client has questions about trusts or charitable giving vehicles?
Who is the Wealth Planning Group