Products
This account is set up for the benefit of the minor, and is transferred to their ownership once they reach the state's age of majority
UTMA
The client asks if he can add a beneficiary to his CMA. Is this possible? and what forms are required?
Yes, and TOD form
What system can you use to check and see if a security can be held at Merrill?
ATS
If you present a QS, and the client says "Thank you for that, but I am not interested." are you able to tag it?
No
This city is home to the Naval Academy and is the capital of Maryland
Annapolis
How often can the client change their 3% category on the Customized CC.
once a month
Can an OPOA complete a CDD refresh?
Possibly, we have to confirm with At Risk
What are the options for a client who needs to send a wire of $100k?
Fill out ppwk
Transfer funds to BOA and submit wire online or at the branch
You are speaking with the client and find out that they have an IRA at Fidelity. You ask how much he has in the account and he says "That's none of your business" Can you tag for the 00?
Yes, you asked.
Which actress plays Minvera McGonagall
Dame Maggie Smith
This account can allow a business owner to invest in things like stocks/ ETFs/ treasuries
BIA
What form must be completed in order to allow for transfer from a BOA business checking to a BIA?
FTS
How can we assist clients with submitting a transfer from Fidelity to Merrill?
RITA/ TIF form
You are speaking with Mrs. Smith and find out she has a 5000 IRA at her Credit Union. You tag for the new money. 2 Days later, she deposits a check for 600k into her BOA checking. Will you get credit for the new money?
Yes
This movie included the famous quote "If you build it, they will come"
Field of Dreams
Is a church a business that we support?
No
If the client wants to establish a POA, can the POA have access online?
Yes
The client is transferring funds from his Credit Union account. He attempts to add the account online, but gets an error. What options does the client have to transfer the funds
FTS form then ACH; Wire
You are speaking with Mr. Jones, and find out that he has money at his regional bank that he would like to transfer over. You notice that Ron has a 06 and 00 from 9/1, neither have neem updated. Do you need to contact Ron before tagging a new 00?
Yes, the 06 is still active
This Movie Starring Oliva Newton John and John Travolta took place at Rydell High School
Grease
An investment-only brokerage account that allows plan sponsors to manage and invest retirement plan assets
RCMA
What is FA View? How is it added to account.
Allows clients to allow their FA to view their accounts (within limits); can be added with the FALOA form
Mr. Smith has a 401k at TRowe. He wants to roll the funds to us; and already has a check from the Contra. What should you select for the first question in RDT
Check in Hand
Mr. Smith calls in for a service need 9/15. After you take care of his need, you discuss a CC with the client, and he is very interested. You notice that Sally has the account tagged with an 00. What steps must you take in order to be able to tag the 06?
1. Call over to Sally's ext, allow for 5 rings
2. Offer a call back from Sally to the client.
3. IF the client does not want a call back, assist the client with the CC and email Sally and her manager letting them know what happened by EOD.
Michael Gabon played Albus Dumbledore in 6 Harry Potter movies. Who played Dumbledore in the other 2 movies?
Richard Harris