LPL History
LPL is the merging of two broker/dealers
Linsco & Private Ledger
What type of account is BBK
Brokerage Non-Retirement (Non-qualified)
Client returns a move money form back to you. Their signature is on it, but their advisor's isn't....
They do have a notary stamp on the document
IGO or NIGO?
IGO (In Good Order)
Theres a restriction on the account but it's not clear why. Which department deals with restrictions?
BORD
I notate SPAD automagically for you
Service Works
LPL has two headquarters, where are they?
San Diego, CA & Fort Mill, SC
RSM - Advisory or Brokerage?
Advisory
Submitted the move money request without a form that includes their tax withholding elections. IGO or NIGO?
NIGO
Advisor got over to the client line and they need to check on the status of an account application they submitted yesterday. Where should I send them?
New Accounts
I am where distributions get sent from
Move Money Tool/ Move Money/ Move Money IFS 2.0
Which year in the 1980's did LPL establish?
1989
An account without an advisor/rep on it, is referred to as?
A House Account
Corrections were made to a submitted document, where the correction was, there is only a date next to the correction. IGO or NIGO?
NIGO, need initials and date where the correction is made
Account has repID of 5AAF, which department should I be partnering with?
IFS Advisor Line
Knowledge based resource that advisors also have access to. Displayed by a blue icon
Resource Center
Where was LPL's newest office established?
Tempe, AZ / Arizona
Account has a SUB 014 in the top right of BETA, what type of account is it? (Which team oversees it)
Prudential
Completing F450 (Client Review Form) to get account out of Lost Account/Return Mail status. At the bottom of the form the FSP types in their name where the advisor's signature goes, in both spaces and attaches that to the case. IGO or NIGO?
IGO
Department that will help clients and advisors sell REITS
Trading - Alts / Alt - Trading
Multi-use system, I can view accounts, documents in those accounts, all the investments for a client, I can even see the advisor's whole book of business. What system am I?
ClientWorks
February 13th, 2024, this company was acquired by LPL
Atriaaaaaa
How long can an account go without activity before being archived?
2 years
Notary said they will not apply their stamp on the application, but they will stamp a blank page for them to include in the submission. IGO or NIGO?
IGO
Prudential client came over, whats the name of the department I should get them over to?
LPLE_Clientline/ LPLE Client Line
System used for storing documents, but this one is supposed to be the new and improved version of it
BOPM