Principal
Principal was founded in this year in Des Moines, IA
What is 1879?
This managed account solution uses our proprietary algorithm to build investment portfolios with between 17-25 MFs and ETFs for either risk-based or time-based models
What is Principal SimpleInvest?
This is a vital part of creating a connection and trust with a client
What is building rapport and expressing empathy?
This is created at the start of a conversation to view and input client info
What is a case?
This removes the 10% early withdrawal penalty when taking distribution from an employer sponsored plan
What is Age of 55 Rule?
Principal has this many employees worldwide
What is 20,000?
A target date fund that offers 5-year increments and leverages indexed funds to lower the cost
What is the Principal Lifetime Hybrid Mutual Fund?
An example of a bridge between a feature and a benefit statement
What is The benefit to you or What that means to you is?
This authentication level in ECIM allows you to provide client specific information and engage in a consultation.
What is Level 2?
The 3 different contribution money types
What are pre-tax, after-tax, and roth?
She is the President & CEO of Principal
Who is Deanna Strable?
These are bank products that may provide a stable return and remove market exposure.
What is a Money Market or CD IRA?
This statement provides the feature>bridge>benefit to the client to engage in a consultation
What is a value prop?
This needs to be confirmed and possibly updated in a client's contact info.
What is address, phone number, email and security questions?
The tax treatment for distributions from a retirement plan or IRA
What is ordinary income?
Our service center is open during these hours
What is 7am to 9pm CST?
This account allows for both the in-kind transfer of company stock and self-directed trading.
What is a GS/Brokerage account?
The first step after determining a call is decided
What is understanding the why behind the decision by asking questions?
This must be sent out at the beginning of the call before questions may be asked
What is Form CRS?
Bonus points: Tell me where you go to send the CRS?
If this indicator is marked yes, paperwork and additional notarized signature is required
What is spousal consent?
Bonus points: Where can you find the spousal consent indicator?
Our collective purpose at Principal is this.
What is foster a world where financial security is accessible to all?
A risk-based portfolio offered within Principal's J-share mutual funds IRAs
What is a SAM funds IRA?
The required info and disclosures on a decided cash out/external rollover call
What is TTMF (taxes, timing, market fluctuation, fees)?
This document needs to be sent out for a decided cash out or external rollover call.
What is the distribution email?
Bonus points: Show us how to send in SF
This is the required distribution period for an Inherited IRA
What is 10 years?
Bonus Points: What type of beneficiary can avoid the inherited IRA rules?