401(k)ings
Akoya is used for retirement plans held at …
Fidelity
Type of performance shown to clients
IRR
An annual target for realized gains
cap gains budget
You notice a client has significant losses that you would like to harvest. You should utilize ...
the tax harvesting trade tool
FINRA stands for …
Financial Industry Regulatory Authority
We execute trades for outside 401(k)s on …
the plan provider website
Another term for IRR
dollar weighted return
Type of fund/portfolio that requires more due diligence
actively managed fund/portfolio
Our model mid cap holding is ... and its tax loss harvesting alternative is ...
IJH, VO
The NYSE began in …
1792
The N: Drive pathway to access the Byall and Akoya training documents
N:\Investment Management\Orion\Outside 401k Training
Default "Cumulative Performance" setting in Orion
FALSE
You are reviewing a client portfolio. In the joint account, you see VNQ is held and is at a loss. To get this portfolio back to model you will sell… and buy …
VNQ, ICF
The Eclipse warning message that will pop up when you attempt to sell a position identified as "do not sell" position.
Best executed cartwheel receives 300 points
Sarah set up an Akoya link for Rick Ross’s 401(k) today, November 2nd, 2023. Sarah will need to reconnect the Akoya link on…
November 1st, 2024 – Happy Leap Year 😊
The reason why mutual funds use time weighted return
They cannot control clients cash flow
As of 9/30/23, American Funds New World Fund® Class F-2 holds …% of US equities.
23.2%
Currently, Denis has year to date losses of ($20,000).
He sells SNBR in his joint account at a $4,300 gain.
He sells GME in his IRA at a ($6,200) loss.
After the trades, what is his YTD gain/loss?
($15,700) loss
What company, owner of Fitbit, launched its own Finance website in 2006, tracking stocks and earnings along with financial news?
If a 401k plan has a brokerage link option. Which fund, if any, do we use from the actual plan line up?
Target date fund
A client had a significant inflow at a market high. Their … will be higher than their …
Time weighted, IRR
Sarah bought SNBR in April 2020 for $115. Sarah sold SNBR for $230 in February 2021. Sarah’s LT Cap Gains are taxed at 15%. Her marginal tax rate is 35.8%. Her federal tax consequence on selling SNBR is …. Rounded to the nearest whole dollar
$41
Your client has a year to date LTCG of $100,000.
You harvest $50,000 in losses to cancel out part of this gain. How much $ did you save this client by harvesting this loss?
(assume his Capital Gain Tax Rate is 15%)
$7,500
If you drive straight up in a car, how long does it take you to get to space?
(1 hour, 62 miles)