ACAT Transfers
ACAT Transfers come from this type of contra firm.
What is broker dealer?
Non-ACAT transfers can accept these types of transfer instructions.
What is transfer in kind and liquidation.
DRS transfers are only eligible from this type of contra firm.
What is transfer agent.
PTF transfer stands for ...
what is Position Transfer Fund
Mutual Fund specific transfers come from this type of contra firm
What is a Mutual Fund company
There are liquidation instructions on an ACAT transfer. This will happen when the processors see section 3B selected on the F2 form.
What is an automatic NIGO.
This Beta Screen will show status updates for all transfers, including Non-ACAT transfers.
What is the SPAD screen.
Only ___ shares may be partially or fully transferred on the DRS system.
What is "whole" or "full".
It can take this amount of days to review paperwork before submitting the transfer on the ACAT system.
What is 3-5 business days.
How many business days does it take to receive the funds from the Mutual Fund Transfer?
What is up to 30 business days
This SL code is specific to incoming mutual funds.
What is SL code 10.
This form may be needed for Annuity Transfers.
What is a surrender form?
This form can be used for outgoing DRS transfers.
What is the F172 form.
What are Fund Account Numbers.
A Transfer has to be mailed to LPL. This is LPL's overnight address.
What is 1055 LPL WAY OR P.O. BOX 6625 (ZIP 29715-6625).
This BETA screen will show incoming account transfers that have not settled at LPL yet.
What is the TOAR screen.
These types of non-ACAT transfers have to be liquidated under no circumstance.
What is Annuity and CD transfers
A client has 4.56 shares of APPLE at computer share. The 4 shares can come over to LPL, and this will happen to the remaining .56 shares.
What is Fractional shares may be liquidated and proceeds sent are sent to address of record (AOR).
What is SL code 10
An Advisor is filling out the F2 form for the Mutual Fund Transfer. The advisor wants to know if LPL will accept a PO box as a valid address for the contra firm.
What is no, because LPL overnights paperwork/checks to contra, we can only send to a valid address and not a PO Box.
ACAT Transfers stay on the TARS/TADS screen for this amount of time.
What is 11 months.
List 3 examples when a statement is always required for transfers or non-acat transfers.
DRS transfers can be tracked on what 3 BETA screens?
What is VALU, AHIS and SPAD
When a mutual fund position is transferred via the ACAT system, these numbers are automatically generated.
What are BIN Numbers
What BETA screen can we use to see if a Mutual Fund can be held at LPL?
What is the SURF Screen.