Trade Error or Trade Adjustment
FA sells 1,000 shares of SPY with a commission of $100. The commission should have been $25.
Trade adjustment
You do not need to report on OBI if you have been working as a door dasher to make some extra money.
FALSE
Submit into Red Oak. (CRC)
"To infinity and beyond!"
Toy Story
FA bought 50,000 shares of a muni bond, but should have only bought 10,000.
Trade error
You do need to report to management if you have a tax lien.
TRUE
The client is giving you conflicting information and keeps forgetting that they spoke to you.
Reach out to RO or a manager.
"I'm king of the world!"
Titanic
Trade was marked as unsolicited and should have been solicited.
Trade Adjustment
SRU can see an attachment in workflow.
TRUE (NNA can not)
You need a Unified Estate flag suppressed.
Reach out to BSO
"Why so serious?"
The Dark Knight
FA accidently liquated entire account while terminating Select UMA.
Trade Adjustment
A manager will have to call to confirm a POA when the client does not present the form and is 62 years old.
FALSE (Manager calls when the client is over 65 years old)
"There's no place like home."
The Wizard of Oz
FA accidently liquidated entire account while terminating Select UMA in client's trust account instead of client's IRA.
Trade Error
Zelle and Check Deposits do not count for the recurring deposit award.
TRUE (also wires, RMDs, and journals)
What is the website where you can see MS compliance approved third party material?
3D>Solutions>Asset Manager Contact and Content OR 4U
"I'm going to make him an offer he can't refuse"
Godfather