Cash Accommodations
When do cash accommodations take effect?
What is once the assets are in the account
How far in advance are clients charged advisory fees?
What is 3 months
Which form is required to set up Trade Direct?
What is the F699-IS
How long do advisors have to repaper brokerage accounts?
What is 180 days/6 months
About how long will the block transfer process take to fully complete?
What is up to two months
What is until the repapering deadline
How can an advisor update advisory fees if they want to increase it?
What is submit the F1CA
What is the client role called that is required for clients to access trade direct?
What is typical + trading
If an account does not come over on the tape transfer, how can an advisor get it to LPL?
What is open new account + transfer (F2)
If a request is rejected, what are the advisors options?
What is new account + F21
Is a client able to do a first party wire?
What is yes, if ach instructions have mapped over
What is required on the F521 for tiered billing in order for it to be processed IGO?
What is the schedule ID
Where will clients access trade direct?
What is account view
For RIA-IFA advisors, what accounts can they open?
What is SWM, MAN, MAS
If an advisor does not want to wait for the block process, what are their options?
What is open new account + network
If a managed account has not been incepted but a client needs funds, what are the options?
What is call MAS to leave SPAD note + contact trading desk
How often are advisors paid?
What is monthly (varies by channel)
How much does it cost for clients to trade online?
What is $14.95 + confirm fee ($5) per trade
What is the resource used to report conversion related issues?
What is the OCI conversion smartsheet
What happens if an account is not completed by the deadline?
What is the rep will be removed
How many residual sweeps will occur for this conversion?
What is three
What is required if a client wants to close an account that was enrolled in flex billing?
What is submit the F507 to cancel
If a client is not enrolled in account view, how soon can they access trade direct?
What is after the F699 is processed + overnight cycle
How will my client repaper a collateral account with a 3rd party lender?
What is open new account, collateralize and transfer assets
What prefix will block accounts have when they come over?
What is BT + account number