Move Money
The SLA for most traditional MM requests (ex: Check Disbursement, Journal, First Party ACH)
What is 1 PM PT/ 4 PM ET?
Form used to open up a brokerage non-retirement account
What is the F1BN?
What is the F2?
This screen contains all customer account information
What is ACCT?
These are the 5 LPL Values
What are Purse Greatness, Win Together, Create and Share Joy, Do the Right Thing, Drive Our Client's Success?
This resource can be viewed to identify if LPL has received an incoming wire
What is the BONY Report?
This seeks to verify account holders’ identities to a reasonable degree of certainty
What is LPL Financial's Customer Identification Program (CIP)?
These 4 resources are most commonly used in account transfer calls
What is BETA, BOPM, Documentum, and ATDB?
(note: other resources are used as well, these are just most common)
This screen shows reasons for account restrictions
What is BORD?
This is the year LPL Financial became publicly traded
What is 2010?
(NASDAQ symbol: LPLA)
this transaction from a non-retirement account can be processed without a document or paperwork on file
What is a First Party Check Disbursement to the Address of Record?
This form is used to update a client's legal name on an account
What is the F1CN?
LPL prepares and sends this document to the delivering firm when processing an incoming account transfer request. No action is required of the financial advisor.
What is a Letter of Acceptance (LOA)?
These 2 screens can be used to view beneficiary information on an account
What is MDRO and TODB?
LPL Financial fosters a culture of inclusivity with these groups by bringing together employees who share common interests and experiences.
What is Employee Resource Groups (ERGs)?
This must be submitted when a Financial Professional makes an error on a retirement account and needs to reverse/correct the error
What is Retirement Account Correction form?
This is a placeholder created by LPL Financial when a networking data feed from a sponsor company does not direct to an approved LPL account.
What is a Dormant Account?
The fee amount for an incoming account transfer
What is $0?
(trick question! there are no fees when doing an incoming transfer)
This screen shows if a bank routing number is wire capable
What is ABAM?
This celebrity was featured in LPL Financial's first-of-its-kind marketing campaign
Who is Anna Kendrick?
Esignature is required for these transactions
What is Third Party ACH Distributions?
These accounts must be funded and papered within 120 days of account opening to avoid termination
What are Advisory Accounts?
This is only required for full in-kind non-ACATs, full non-PTF mutual fund requests, and all transfer requests with a change in ownership or submitted outside of the AT tool.
What is a Contra Party Statement?
This screen displays banking and transaction information for periodic ACH contributions
What is SACH?
A new four-year partnership naming LPL as the official wealth management and investment advisory partner with this organization
What is PGA of America?