WAPW History
When was Wellington Altus founded
April 17, 2017
What are dividends?
This is the term for money you earn from owning stocks when the company shares its profits.
How do I cancel a Transfer request?
Submit an LOA via Monday.com and we will send to NBIN directly to stop the transfer in progress.
What are the 5 platforms at WAPW?
1. Transactional
2. Advise Based
3. Advise + Managed
4. PPP
5. SMA
RRSP
Registered Retirement Savings Plan
How many members are there on our Executive team?
6
What is a mutual fund?
This type of investment vehicle pools money from many investors to buy a diversified portfolio of stocks, bonds, or other assets
Each advisor is provided with their own error account. Why?
They use this for stock trade correction, any Mutual fund trade losses or to reimburse client
An investment account that allows all growth and income to grow tax-tree. Contributions receive no tax deduction, but all withdrawals can be made tax-free is called what?
Tax Free Savings Account (TFSA)
NCAF
New Client Application Form
What are the 3 vision statements?
1. Independent
2. Unconstrained
3. Entrepreneurial
What is an Investment Advisor
An individual license to buy/sell securities on behalf of a client.
Compass X came out with 1 new extract file for IA teams. What is it?
MyPortfolioPlus Client Access Report
A company that buys and sells the shares or units of mutual funds for investors is called what?
Mutual Fund
HBP
Home Buyers Pan
How many office locations do we have?
(without going over)
56
What does ETF mean?
An investment fund that holds a mix of assets such as shares, bonds, commodities, derivatives or currency. An ETF is traded like a stock.
NetRep displays 18 months of transactions for registered accounts and15 for non-registered accounts in this section?
Transaction History
What is Interest?
A fee paid for borrowing money expressed as a percentage rate over a period of time.
IPS
Investment Policy Statment
How many lines of business are there?
1. WAPW (Private Wealth)
2. WAPC (Private Counsel)
2. WAUSA (USA)
4. WAI (Insurance)
5. WAGS (Group Solution)
EBITA (Earnings Before Interest, Taxes and Amortization) is a measure of what?
It is a financial metric used to measure a company's operational performance and profitability by excluding non-operating expenses and accounting factors.
The Debit Report on Croesus will show all accounts that currently hold a debit. IA teams can also run this report from Compass
Account Summary - Status Export
As a registered Investment Fund Manager, Independent Advisor Solutions (iAS) is the investment fund manager for what product?
MiBlox
FATCA
Foreign Account Tax Compliance Act