Banking
How can a client add a bank if they cannot get online?
what is the EBT form
you need help removing a clients AVBA restrictions, what bot do you contact?
What is Chat AVBA?
An investment product that pools money from many people. A professional manager uses this pool to buy a mix of stocks, bonds, or other assets. When you buy a share, you own a small piece of all those assets together.
What is a Mutual Fund?
At what age is a client eligible to withdraw from their Traditional IRA without being subject to the early withdrawal penalty?
What is 59.5 years old?
Thursday, October 1st
What is Official Flagship Launch Date?
Who is vanguards partner bank for incoming wires?
JP morgan Chase Bank
Youre trying to get in contact with CMS, which bot do you use?
what is CASEy?
When a client buys and sells a security without covering the cost of the initial purchase.
What is a Free Ride?
What relationship to the decedent is eligible to assume an inherited IRA?
What is a Spouse?
Providing clients access to educational guidance and support for select investing and financial topics, subject to final program design and availability.
What is Ask an Advisor?
A client calls in and wants to do a one time wire to a bank not on file: what are the three anti money laundering questions you are required to ask on the One Time Wire Form?
What are Who is the ultimate Beneficiary, what is the purpose of this wire, and how did you confirm these instructions with the beneficiary?
You're trying to get in contact with TRS, which bot do you contact?
what is BUDDY
IRS regulation that prohibits a taxpayer from claiming a loss on the sale of an investment if that same or a substantially similar investment is purchased within 30 calendar days before or after the sale (total of 61 days). The regulation is designed to discourage short-term, loss-oriented selling.
What is a Wash Sale?
When an individual contributes more than the maximum contribution for any year. For 2025, the maximum traditional and Roth IRA contribution is $7,000/$8,000 (for individuals age 50 or older) or no more than 100 percent of earned income. For 2026, the maximum traditional and Roth IRA contribution is $7,500/$8,600 (for individuals age 50 or older) or no more than 100 precent of earned income.
What is an Excess Contribution?
Program allows clients to generate additional income in their portfolio by lending their shares to a third party. If they’re holding in-demand securities, their securities may be selected to be loaned out. When shares are loaned out, clients will earn income that accrues daily and pays monthly.
What is Fully Paid Lending? (50/50 profit sharing)
What is the third party company Vanguard uses for the Insta-link bank verification
Yodelee
Youre trying to get in contact with the wires team, which bot do you use?
What is Roz?
A mutual fund trade submitted after market close receives the next day's NAV.
What is Forward Pricing?
Individuals who make contributions to a Roth, rollover, traditional, or SEP IRA (individual contributions only) may recharacterize the contribution amount plus any earnings/losses into another IRA (i.e., pre-tax IRA to post-tax IRA or post-tax IRA to pre-tax IRA).
What is a Recharacterization?
What percentage of Flagship clients are under 29 years old? (closest team wins)
7%
A client calls in saying they just successfully linked their bank account but now the account number doesnt match. Whats is the "false" bank account their bank shows called.
What is a tokenized account number.
If you need help with a retirement topic, which bot do you contact?
IRA bot
A client purchased securities using unsettled funds. How do we save them to avoid a freeride violation.
What is sell shares of a different security in that account.
A client requests a Roth conversion and holds both deductible and nondeductible IRA assets.
What is the Pro-Rata Rule?
What is the Average Client Age? (closest team wins)
57 Years Old