Equivest 201
What is the M & E charge on Equivest 201?
1.2%
Clientworks is the name of the program/website where advisors coordinate business through this platform.
LPL
How many consecutive years of teaching are required in a Title 1 School for a teacher to be considered for Teacher Loan Forgiveness?
5
If you buy a gift for a client, you should log into this compliance related tool to log how much you spent.
Same thing if a client buys you a gift card, etc.
Pinpoint
You may hear this team member's phone blowing up in the middle of the day if there is an emergency near by.
Jeremy
In Equivest 201, what % of someone's account value can be allocated into the GIO?
100%
Name 2 types of accounts that an advisor can provide for their clients through Clientworks.
Direct Business, Brokerage Accounts, Advisory Accounts, Roth IRA, IRA, Beneficiary Accounts, Etc.
DOUBLE JEOPARDY
A teacher tells you his loans were taken out on a certain date and you realize that he does not qualify for TLF due to the timing of his loan.
Give one example of a date that fits this scenario.
Any date prior to October 1, 1998
DOUBLE JEOPARDY
This is the tool to submit marketing materials that you'd like to get approved. ex: flyers, client letters, ads
AdTrax
Name 2 people on the team that are fluent in at least 2 languages.
Abby, Liliam
What 2 features would need to be utilized when opening an Equivest 201 account for a client that has an existing Equivest 200 account?
SIO or PIB
In Clientworks, this is what we call the type of business that happens when we set up a client with an account at an outside firm (ex: American Funds).
Direct Business
This is the amount of Teacher Loan Forgiveness that math or science teachers at a high school could potentially receive.
$17,500
This is the tool that you can use to see if your client's PCs have paid out to you, and also track your PC record.
ADR
Name 1 person on the team from New York City originally.
David, Liliam
What is the floor of the GIO in Equivest 201 pay?
1%
In other business, an agents identifier is called an "Agent Code" but with LPL related accounts in Clientworks, an agents identifier is referred to as this.
ex: HT2D, 0CVJ
RepID or SplitRepID
This is the amount of Teacher Loan Forgiveness special ed teachers at any level could potentially receive.
$17,500
This tool is your best friend if you are trying to get a non-network life insurance policy to issue or you need to find a policy number for an Equivest Policy that you are trying to get issued.
NBA
(New Business Alerts)
This team member volunteers on Sundays to teach Sunday School.
Emmie
DOUBLE JEOPARDY
A client will pay this annual charge on their Equivest 201 Contract when their account value reaches $45,000.
$0
If you have LPL business in ClientWorks and your client's account makes an alert for any reason, you should do this as soon as possible after you have taken care of the alert.
Clear it / Acknowledge it
How does receiving Teacher Loan Forgiveness effect an individuals taxes?
It wont.
If you would like to take advantage of the fact that Equitable will double any donation that you make to a non-profit, this is the tool you need to use.
Matching Gifts
Spell Ben P's last name
Patrzalek