Security Types
This type of security represents ownership in a company.
What is a stock?
This account type allows investing for retirement with potential tax advantages.
What is an IRA?
The founder of Vanguard.
Who is John Bogle?
Before accessing account information, you must complete this process.
What is client authentication?
The method used to electronically move money between a bank and Vanguard account.
What is an ACH transfer?
This security is a loan made to a government or corporation.
What is a bond?
This account type is commonly used for investing outside of retirement.
What is an individual brokerage account?
Vanguard is known for creating this type of fund.
What is an index fund?
When a client asks for mutual fund performance comparisons, you should do this.
What is transfer them to a licensed representative?
This feature allows money to be moved automatically on a recurring schedule.
What is an Automatic Withdrawal Plan (AWP)?
A five-letter ticker symbol ending in "X" typically identifies this type of investment.
What is a mutual fund?
Contributions to this type of account are generally made with earned income.
What is an IRA?
Vanguard's four investing principles include Goals, Balance, Cost, and this final principle.
What is Discipline?
Contractors may provide website resources but cannot provide this type of discussion regarding securities.
What are investment recommendations or security discussions?
Clients frequently establish this relationship before making electronic transactions.
What is bank account linking?
These investments can contain stocks, bonds, or cash and trade on an exchange throughout the day.
What are ETFs?
This is an important factor to determine before discussing how a client wants to invest.
What account type are they investing in?
These funds attempt to mirror a market index rather than beat it.
What are index funds?
This is the best first step when a client has questions outside your scope.
What is identify the need and transfer appropriately?
This is the primary reason account restrictions may be placed on an account.
What is security or fraud prevention?
A bond issued by a state or local government.
What is a municipal bond?
This account type can be opened jointly with another person.
What is a joint brokerage account?
Vanguard's client-owned structure is one reason it is viewed as this type of company.
What is client-focused?
A contractor can direct clients to resources but cannot discuss performance, yields, or make this type of comparison.
What are fund comparisons?
Before processing most requests, associates should verify identity and review this.
What is account eligibility/status?