ACATS
The Advisor would select this type of transfer instruction in order to initiate an ACAT transfer
What is In-Kind instructions
This is an extra step that LPL takes to gather more information about a Non ACAT transfer that was sent to the contra firm for review.
What is a Contra call out
These 4 BETA screens are used to view all electronic incoming or outgoing transfers
What is TOAR,TARS,TOAD,TADS
This Excel spread sheet list all of the contra party information. (DTC #, Address, phone #, etc. )
What is the contra party seeding table
This rejection code is what the contra firm sends LPL if there is a discrepancy with the clients SS#/Tax ID
What is Code 01
This Contra firm clears through National financial Services
What is Fidelity
This section of the F2 form is specifically for Banks, Credit unions, Mutual funds, and trust companies
What is section 3B
This BETA screen will allow you to view all eligible mutual funds
What is SURF
This RC document shows all of the eligible account types that can transfer successfully into LPL
What is the Account Transfers registration matrix
This Settlement code means the asset that the client is trying to bring over is non-deliverable over the ACAT system.
What is code 30
This is the time frame that LPL put in place to sweep out any remaining assets to Contra firms.
What is 12 months (every Friday)
This document is needed for all Non ACAT transfers. There are no exceptions!
What is a statement
This BETA Screen reveals the Contra firm name by typing in their broker code.
What is NANA
This is a document that you can send to an Advisor if they need to provide the contra firm with all of our broker information/instructions.
What is the F2Di
This Rejection code is what LPL's Margins department will put on an account if there is a credit violation/debit balance that is left at the delivering firm
What is code 21
This specific block is put on a clients account when there is an undeliverable asset.
What is a Residual Block
This is the Document Type that LPL generates for all Non ACAT transfers after they have been marked IGO
What is a TLTR
This Beta screen provides us all Mutual Fund information including B50 transfer request dates
What is FIDO
This document is what Advisors can pull up if they need assistance with accessing/filling out our F2 form.
What is the ClientWorks Account Transfer How to Guide
This Settlement code is utilized when dealing with alternative investments and REITS
What is code 50
This type of transfer is considered a Non ACAT but is treated like an ACAT.
What is a DRS transfer
These two documents are what AT provides the Contra Firm in order for them to initiate a transfer.
What is the Letter of Acceptance and the Corporate Resolution.
This BETA Screen has a list of all of the eligible ACAT participants. It also shows firms that are signed up with the Cost Basis Reporting System.
What is APAR
This Iknow document provides more information about Alternative Investments transfers and provides a link to the (PDD)
What is the Alternative Investment Transfers- Re-registration article
One way an Advisor can resolve this rejection code is by reviewing the contra firm statement to confirm that the transfer is indeed ACAT eligible
What is code 04