Records
Advertisements must be retained for this long.
What is three years after last use?
This order takes the next available price for the security.
What is a market order.
Meant for individuals, this type of account is tax deferred, and withdrawals will be fully taxed when withdrawn.
What is a traditional IRA?
An account often used for married couples, or others who want to leave their securities to the surviving owner.
What is a joint tenants with rights of survivorship (JTWROS) account?
An insurance product rather than a security, it can be used to provide a set income for the life of the purchaser.
What is a fixed annuity?
Customer complaints must be retained for this long.
What is four years?
Placed below the CMV (current market value) this order executes after reaching a triggering price, and takes the next available price.
What is a sell stop order?
More popular in the past, it is also known as a pension.
What is a defined benefit plan?
An account type for a business, can be used for an S or C type. It requires a charter and resolution to open.
What is a corporate account?
Similar to a mutual fund and fixed to the performance of a chosen index, these securities are traded on the secondary market.
What is an ETF (exchange traded fund)?
The original books of the incorporation or partnership must be retained for this long.
What is the lifetime of the firm?
This order type must be filled completely, but will last until the end of the day, or longer if marked GTC (good 'til canceled).
What is an all or none order?
Also called a TSA (tax sheltered annuity), this plan is only for non-profits and not for profits.
What is a 403(b) or 501(c)?
Used when there is only a single beneficial owner.
What is an individual account?
An investment in property that provides more liquidity than purchasing homes or retail space directly. A potential source of income, they offer little capital appreciation.
What is a REIT (Real Estate Investment Trust)?
Customer statements must be retained for this long.
What is six years?
This order must be executed immediately and in its entirely, or be canceled.
What is a fill or kill order?
Also referred to as a 'top hat' plan, this non-qualified plan allows for salary deferral and does not offer the same protection of funds that other retirement plans do.
What is a 457 plan?
Requiring an agreement and resolution to open, this account type can be used for many types of businesses.
What is a partnership?
Using an AIR (Assumed Rate of Return) to determine pay out rates, these separate accounts can provide lifetime income, but keep the investment risk with the purchaser.
What is a variable annuity?
U4 and U5 forms must be retained for this long.
What is three years after termination?
This order is placed above CMV (current market value), is triggered at or above a set price, then settles at the set price or lower.
What is a buy stop limit order?
Used for a small business with a limited number of employees. This account is qualified, allows employers to skip contributions in down years, and is generally less expensive to start and maintain than a traditional retirement plan.
What is a SEP IRA?
What is a tenants in common (TIC) account?
A debt instrument with a variable payout linked to the performance of an index.
What is an ETN (Exchange Traded Note)?